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ITC Hotels Q4 results: Profit rises 23% YoY to Rs 317 crore; co declares Re 1/share dividend
ITC Hotels announced robust fourth-quarter earnings for FY26. Profit after tax surged 23% year-on-year. Revenue from operations also saw a significant 14% increase. The company's hospitality business demonstrated continued growth. For the full fiscal year, profit after tax rose 29%. A final dividend of Rs 1 per equity share has been recommended.
Chalet Hotels eyes Jaipur, Jodhpur and Hyderabad as future growth clusters
Chalet Hotels Limited, backed by K Raheja Corp, is focusing on expanding into leisure markets and evaluating opportunities in Hyderabad. The company continues to grow its portfolio and maintain strong revenue growth despite challenges in core city markets, driven by a robust demand-supply dynamic.
Radisson aims 160 hotels, 19,500 keys in India by end-2026: Co executive
Radisson Hotel Group is set to significantly expand its presence in India. The company anticipates operating 157 to 160 hotels with nearly 19,500 rooms by the end of 2026. This growth aligns with their ambitious goal of reaching 500 hotels across India by 2030. Expansion efforts are focused on both major cities and smaller towns, demonstrating a robust development pipeline.
ITC Hotels: Should investors check into this premium hotel stock?
Growth visibility, a robust expansion pipeline, and a widening valuation discount to peers make the hotelier an attractive play on India’s premium hospitality sector