ITC Hotels Q2 Results FY27 Preview: Results Date, Expectations and the Numbers That Will Decide the September 2026 Quarter

Track the latest ITC Hotels Ltd. share price on Univest. As the calendar moves past the September 2026 quarter, investors are beginning to look ahead to the upcoming ITC Hotels Q2 results, which will show how the hospitality business fared between July and September 2026, typically a seasonally softer quarter for Indian hotels before the festive and travel season picks up. This preview relies only on already reported figures and qualitative trends, without predicting any specific number for the ITC Hotels Q2 results.

Jun26 revenue Rs 936 Cr, net profit Rs 182 Cr. Sep25 revenue Rs 839 Cr, net profit Rs 133 Cr. CMP Rs 157.93, PE 35.79, ROE 7.89%.

ITC Hotels operates hotels, resorts and a growing management fee based business across India, and its revenue has historically shown a seasonal pattern between quarters. This seasonality is one reason the ITC Hotels Q2 results are worth watching carefully, since the September quarter tends to be softer than the December and March quarters that capture the peak travel season.

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ITC Hotels Q2 Results: Likely Announcement Date

Listed Indian companies generally announce their September quarter (Q2) results between mid-October and mid-November, once the board of directors approves the financials. Going by this broad historical pattern alone, and not by any confirmed company communication, the ITC Hotels Q2 results could be expected within that window. No official date has been announced so far, so readers should check the exchange filing or the company's own investor page for the confirmed date of the ITC Hotels Q2 results.

What to Expect From the ITC Hotels Q2 Results

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Because the September 2026 quarter's numbers are not yet public, this section focuses on qualitative trends rather than any specific forecast. The ITC Hotels Q2 results will likely be judged on occupancy levels and average room rates across the portfolio, the pace of new hotel signings and openings under the asset-light model, and whether margins can hold up in what is typically a seasonally quieter quarter. Domestic leisure and business travel demand trends through July to September will be an important qualitative driver of the ITC Hotels Q2 results.

Previous Quarter (Jun26) Performance

In the quarter ended June 2026, the most recent reported quarter ahead of the ITC Hotels Q2 results, revenue was Rs 936 Cr with an operating profit of Rs 292 Cr and an operating margin of 31.2%. Net profit came in at Rs 182 Cr. This represented a moderation from the March 2026 quarter, which had posted a much stronger Rs 1,254 Cr in revenue, a 37.16% operating margin, and net profit of Rs 317 Cr, reflecting the seasonal peak of the travel calendar.

Q2 FY26 (Sep25) Base Quarter for Comparison

The base quarter against which the ITC Hotels Q2 results will eventually be compared on a year-on-year basis is September 2025. In that quarter, revenue was Rs 839 Cr, operating profit was Rs 246 Cr with an operating margin of 29.32%, and net profit stood at Rs 133 Cr. Since this base quarter itself reflected the typical seasonal softness of the September period, the year-on-year read embedded in the ITC Hotels Q2 results should be viewed alongside that seasonal context rather than in isolation.

Recent Trend Across the Last Five Quarters

Across the five quarters on record, revenue moved from Rs 816 Cr in Jun25, to Rs 839 Cr in Sep25, then sharply up to Rs 1,231 Cr in Dec25 and Rs 1,254 Cr in Mar26, before easing back to Rs 936 Cr in Jun26. Operating margin followed a similar seasonal curve, rising from around 30% in the June and September quarters to the high 30s in December and March, before moderating again. Net profit has ranged from Rs 133 Cr to Rs 317 Cr across these quarters, a pattern of seasonal peaks and troughs that forms the backdrop heading into the ITC Hotels Q2 results.

Check live ITC Hotels price updates and quarterly filings on Univest ahead of the ITC Hotels Q2 results

Key Factors to Watch

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Several qualitative factors are likely to shape the ITC Hotels Q2 results. Occupancy rates and average daily rates across metro and leisure destinations will be a key driver, along with the pace of new property additions under management contracts. Input costs, particularly food and energy, and employee cost trends can also influence margins in a seasonally lighter quarter. Any commentary on forward bookings for the festive and wedding season later in the fiscal year would be a useful qualitative signal alongside the ITC Hotels Q2 results.

Valuation Snapshot

On valuation, ITC Hotels trades at a current market price of Rs 157.93, below its 50-day moving average of Rs 164.79 and its 200-day moving average of Rs 170.69. The 52-week range is Rs 137.3 to Rs 246. The trailing PE is 35.79 on an EPS of Rs 4.41, price to book is 2.82 against a book value of Rs 56, and return on equity is 7.89%. Dividend yield is a modest 0.65%, debt to equity is very low at 0.01, and market capitalisation is around Rs 32,965 Cr. These valuation levels are the reference points the market is likely to use once the ITC Hotels Q2 results are out.

What to Watch Around the ITC Hotels Q2 Results

Beyond the headline numbers, readers tracking the ITC Hotels Q2 results should watch whether revenue holds up better than the typical seasonal dip seen in past September quarters, and whether operating margin stays closer to the 30% mark rather than slipping further. The relative strength index of 40.16 suggests the stock has been on the weaker side of momentum recently, which is worth factoring in around the results date.

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Conclusion

The ITC Hotels Q2 results will offer an updated read on a business whose revenue and margins move in a fairly predictable seasonal pattern, with the September quarter historically softer than December and March. Investors would do well to view the actual filing in that seasonal context rather than comparing it directly with the stronger peak quarters. Until the results are out, the qualitative trend of seasonal peaks and troughs across the last five quarters remains the most useful guide for the ITC Hotels Q2 results.

Disclaimer: Univest Securities Private Limited is a SEBI-registered Research Analyst (Registration No. INH000013776). This article is for educational and informational purposes only and does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Figures cited are historical, publicly disclosed quarterly financials and current market data; no specific Q2 FY27 results, estimates, or forecasts are implied. Please consult a SEBI-registered investment adviser and verify data independently before making any investment decision.

FAQs

When will the ITC Hotels Q2 results be announced?

Ans. No confirmed date has been disclosed yet. Based on the general pattern of Indian companies announcing September quarter results between mid-October and mid-November, the ITC Hotels Q2 results are likely to fall in that window, but investors should check the official exchange filing for the confirmed date.

What was ITC Hotels' revenue in the previous quarter, Jun26?

Ans. In the June 2026 quarter, ITC Hotels reported revenue of Rs 936 Cr, an operating margin of 31.2%, and a net profit of Rs 182 Cr, a moderation from the seasonally stronger March 2026 quarter.

How did ITC Hotels perform in the Sep25 base quarter?

Ans. In September 2025, the base quarter for year-on-year comparison, ITC Hotels posted revenue of Rs 839 Cr, an operating margin of 29.32%, and a net profit of Rs 133 Cr, reflecting the typical seasonal softness of that quarter.

What is ITC Hotels' valuation ahead of the Q2 results?

Ans. ITC Hotels trades at a trailing PE of 35.79, a price to book of 2.82, and a return on equity of 7.89%, with a market capitalisation of around Rs 32,965 Cr at the current market price of Rs 157.93.