Unaudited Financial Results for the Quarter and Six months ended 30th September, 2026

26th October, 2026 The Manager The General Manager Listing Department Dept. of Corporate Services National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza P. J. Towers Plot No. C-1, G Block Dalal Street Bandra-Kurla Complex Mumbai 400 001 Bandra (East) Mumbai 400 051 Dear Sirs, Unaudited Financial Results for the Quarter and Six months ended 30th September, 2026 Further to our letter dated 19th October, 2026, we enclose, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the following, as approved / noted by the Board of Directors of the Company at the meeting held today i.e., 26th October, 2026: (i) Approved the Unaudited Financial Results of the Company, both Standalone and Consolidated, for the Quarter and Six Months ended 30th September, 2026; (ii) Approved the Unaudited Segment-wise Revenue, Results, Assets and Liabilities (Consolidated), for the Quarter and Six Months ended 30th September, 2026; (iii) Approved the Unaudited Balance Sheet, both Standalone and Consolidated, as at 30th September, 2026; (iv) Approved the Unaudited Statement of Cash Flows, both Standalone and Consolidated, for the Six Months ended 30th September, 2026; and (v) Noted the Limited Review Reports from the Statutory Auditors of the Company, Messrs. S. R. Batliboi & Co. LLP, Chartered Accountants, on the aforesaid Standalone and Consolidated Financial Results. The Board Meeting commenced at 12:35 p.m. and concluded at 1:20 p.m. Yours faithfully ITC Hotels Limited Diwaker Dinesh Company Secretary Encl.: As above 1TC HOTELS LIMITED Statement of Unaudited Standalone Financial Results for the Quarter and Six Months ended 30th September, 2026 (f in Crores) Corresponding Preceding 3 Twelve Particulars 3 Months 3 Months Months 6 Months 6 Months Months ended ended ended ended ended ended 30.09.2026 30.09.2025 30.06.2026 30.09.2026 30.09.2025 31.03.2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited' Gross Revenue from sale of products and services (i) 878.73 754.43 801.92 1680.65 1491.52 3555.45 Other operating revenue (ii) 5.95 6.48 6.47 12.42 12.98 27.74 REVENUE FROM OPERATIONS [(i) + (ii)] 1 884.68 760.91 808.39 1693.07 1504.50 3583.19 OTHER INCOME 2 52.36 45.16 50.77 103.13 8409 177.32 TOTAL INCOME (1+2) 3 937 04 806.07 859.16 1796.20 1588.59 3760.51 EXPENSES a) Consumption of food, beverage, etc. 80.33 76.15 77.73 158.06 147.88 328.97 b) Employee benefits expense 181.58 166.54 173.69 355.27 334.84 693.74 c) Finance costs 2.86 2.83 2.85 5.71 5.64 11.33 d) Depreciation and amortization expense 72.29 73.37 73.30 145.59 146.15 293.66 e) Other expenses 322.00 283.82 294.26 616.26 549.97 1270.18 TOTAL EXPENSES 4 659 06 602.71 621.83 1280.89 1184.48 2597.88 PROFIT BEFORE EXCEPTIONAL ITEMS AND TAX (3-4) 5 277.98 203.36 237.33 515.31 404.11 1162.63 EXCEPTIONAL ITEMS 6 - - - - - (51.30) PROFIT BEFORE TAX (5+6) 7 277.98 203.36 237.33 515.31 404.11 1111.33 TAX EXPENSE 8 70.56 51.73 60.32 130.88 102.75 282 07 a) Current Tax 67.23 49.28 57.70 124.93 97.98 277.65 b) Deferred Tax 3.33 2.45 2.62 5.95 4.77 4.42 PROFIT FOR THE PERIOD (7-8) 9 207.42 151.63 177.01 384.43 301.36 829,26 OTHER COMPREHENSIVE INCOME 10 1.95 - - 1.95 (0.82) (17.76) (i) Items that will not be reclassified to profit or loss 2.61 - - 2.61 (1.10) (23.73) (ii) Income tax relating to items that will not be reclassified to (0.66) - - (0.66) 0.28 5.97 profit or loss TOTAL COMPREHENSIVE INCOME (9+10) 11 209.37 151.63 177.01 386.38 300.54 811.50 PAID UP EQUITY SHARE CAPITAL 12 208.31 208.27 208.30 208.31 208.27 208.30 (Equity Shares of~ 1/-each) OTHER EQUITY 13 11684.00 EARNINGS PER SHARE (of~ 1/-each) (not annualised) 14 (a) Basic(~) 1.00 0.73 0.85 1.85 1.44 3.98 (b) Diluted (~) 1.00 0.73 0.85 1.85 1.44 3.98 S.R. Batliboi & Co. LLP, Gurugram for Identification )- )~ ITC HOTELS LIMITED (" in Crores) Balance Sheet STANDALONE As at As at Particulars current hcllf year end previous year end 30.09.2026 31.03.2026 (Unaudited) (Audited) A ASSETS 1 Non-current assets (a) Property, Plant and Equipment 5446.41 5530.76 (b) Capital work-in-progress 122.13 86.69 (c) Other Intangible assets 12.45 14.98 (d) Intangible assets under development 1.07 0.71 (e) Right-of-use assets 178.61 179.86 (f) Financial Assets (i) Investments 5495.21 5123.40 (ii) Others 3.53 502.99 (g) Income Tax Assets (Net) 8.27 - (h) Other non-current assets 469.02 233.31 Non-current assets 11736'.70 11672.70 2 Current assets (a) Inventories 38.02 40.18 (b) Financial Assets (i) Investments 277.61 667.20 (ii) Trade receivables 206.77 149.11 (iii) Cash and cash equivalents 11.63 31.13 (iv) Bank Balances other than (iii) above 1239.24 700.01 (v) Loans - 0.31 (vi) Others 68.39 44.73 (c) Other current assets 106.64 86.51 Current assets 1948.30 1719.18 Total Assets 13685.00 13391.88 B EQUITY AND LIABILITIES Equity (a) Equity Share capital 208.31 208.30 (b) Other Equity 11867.47 11684.00 Equity 12075.78 11892.30 LIABILITIES 1 Non-current liabilities (a) Financial Liabilities (i) Lease liabilities 127.48 127.38 (ii) Other financial liabilities 9.08 10.49 (b) Provisions 3202 32.92 (c) Deferred tax liabilities (Net) 421.47 414.86 (d) Other non-current liabilities 23.27 18.09 Non-current liabilities 613.32 603.74 2 Current liabilities (a) Financial Liabilities (i) Lease liabilities 1.17 0.63 (ii) Trade payables Total outstanding dues of micro and small 15.30 12.58 enterprises Total outstanding dues of creditors other than 352.01 345.20 micro and small enterprises (iii) Other financial liabilities 95.62 110 07 (b) Other current liabilities 473.36 362.16 (c) Provisions 58.44 59.62 (d) Current Tax Liabilities (Net) 5.58 Current liabilities 995.90 895.84 Total Equity and Liabilities 13685.00 13391.88 S.R. Batliboi & Co. LLP, Gurugram for Identification )~ ITC HOTELS LIMITED Standalone Statement of Cash Flows for the half year ended 30th September, 2026 (f in Crores) For the half year ended For the half year ended 30th September, 2026 30th September, 2025 A. Cash Flow from Operating Activities PROFIT BEFORE TAX 515.31 404.11 ADJUSTMENTS FOR Depreciation and amortization expense 145.59 146.15 Share based payments to employees 2.44 0.24 Finance costs 5.71 5.64 Interest Income (87.67) (71.33) Dividend Income (5.52) (3.81) Loss on sale of property, plant and equipment -Net 2.59 1.44 Doubtful and bad debts 0.82 (0.02) Net gain arising on financial instruments measured at fair value (8.63) (7.28) through profit or loss Foreign currency translations and transactions -Net 0.25 55.58 (0.14) 70.89 OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES 570.89 475.00 ADJUSTMENTS FOR : Trade receivables, advances and other assets (96.98) 12.95 Inventories 2.16 (3.61) Trade payables, other liabilities and provisions 116.16 21.34 (49.51) (40.17) CASH GENERATED FROM OPERATIONS 592.23 434.83 Income tax paid (net of refunds) (138.78) (127.66) NET CASH FROM OPERATING ACTIVITIES 453.45 307.17 B. Cash Flow from Investing Activities Purchase of property, plant and equipment, intangibles etc. (339.74) (132.13) Sale of property, plant and equipment 1.34 1.48 Purchase of current investments (2322.26) (955.70) Sale/ redemption of current investments 2775.61 843.58 Investment in subsidiaries (396.39) - Purchase of non-current investments (19.97) (227.56) Dividend received 5.52 3.81 Interest received 36 02 51.85 Redemption I maturity of bank deposits - 77.62 (original maturity more than 3 months) Loans recovered 0.31 0.20 NET CASH (USED IN) INVESTING ACTIVITIES (259.56) (336.85) C. Cash Flow from Financing Activities Proceeds from issue of share capital 1 02 23.23 Principal payment of lease liabilities (0.40) (0.29) Interest paid (5.71) (5.64) Dividend paid (208.30) - NET CASH FROM/ (U~ED IN) FINANCING ACTIVITIES (21'3.39) 17.30 NET DECREASE IN CASH AND CASH EQUIVALENTS (19.50) (12.38) OPENING CASH AND CASH EQUIVALENTS 31.13 22.69 CLOSING CASH AND CASH EQUIVALENTS 11.63 10.31 Notes. 1. The above Statement of Cash Flows has been prepare [Showing first 8,000 characters — download PDF for full document]