Zuri Hotels

By Vibha Dhawan , 16 May 2026

ITC Hotels reported a robust financial performance for the March quarter, posting a 23.1 percent rise in consolidated net profit to Rs 317.43 crore amid sustained growth in India’s hospitality sector. Revenue from operations also climbed significantly to Rs 1,253.70 crore, reflecting rising travel demand, stronger occupancy trends, and improving premium hospitality consumption. Alongside its earnings announcement, the company revealed plans to acquire Zuri Hotels and Resorts for an enterprise value of Rs 205 crore, signaling a strategic expansion of its hospitality footprint.