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ITC Hotels Q2 profit rises 52% to ₹203 crore on strong demand

ITC Hotels reported a 52% rise in consolidated net profit to ₹203 crore for the September quarter, while revenue from operations grew 26% to ₹1,054 crore. Room revenue climbed 22%, occupancy rose to 76% and average daily rates increased 14%. The company credited healthy travel demand and strong meetings and events business, aided by the BRICS Summit in New Delhi.

ITC Hotels Q2 profit rises 52% to ₹203 crore on strong demand

This summary is based on reporting by The Hindu.

Read the full story at The Hindu