ITC Hotels reports net profit of Rs 182 cr for Q1FY27, revenue at Rs 936 cr

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ITC Hotels achieved Rs 936 crore revenue and Rs 182 crore profit in Q1 FY27. The company also acquired Welcomhotel Ahmedabad for Rs 155 crore. Kumarakom Resort & Spa acquisition is complete, opening as a luxury resort. Eight new properties were signed, and the managed portfolio now exceeds 200 hotels. The hospitality sector outlook remains positive due to India's economic growth.