ITC Hotels Q2 Results: Net Profit Jumps 51%; Ebitda Margin Expands To 32%
ITC set out an expansion in a quarterly results development.
· NDTV Profit, BS Companies
Markets cheered ITC Hotels' second-quarter scorecard, as shares jumped over 2.5% minutes after the board approved the results.
The analysis
ITC reported movement of 51%, 32% and 2.5%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +0.2% on the day at ₹265.60, and has returned -6.8% over three months. It sits 37% below its 52-week high, which means a good deal of bad news was already in the price. The fmcg sector has moved -10.7% over the same period, so ITC is running 3.9 points ahead of its peers.
For ITC, the question is how much of this is already reflected in the price and how much re-rates the fmcg peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: ITC (ITC Hotels) (ITC), in FMCG.
- On the day, 1 of 2 are higher: ITC (ITC Hotels) leads at +0.2% and ITC Hotels trails at -1.3%.
- Over three months: ITC (ITC Hotels) -6.8% against FMCG -10.7% (3.9 points ahead); ITC Hotels +4.1% against Hotels & Restaurants -0.9% (5.0 points ahead).
- At least 25% below the 52-week high: ITC (ITC Hotels) (37%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| ITC (ITC Hotels)ITC · FMCG | ₹265.60 | +0.2% | +1.1% | -6.8% | -36.8% | 0.7× | — |
| ITC HotelsITCHOTELS · Hotels & Restaurants | ₹167.17 | -1.3% | +1.9% | +4.1% | -23.4% | 1.4× | — |
FMCG
1M -4.9% · 3M -10.7%
ITC (ITC Hotels)
Hotels & Restaurants
1M -3.1% · 3M -0.9%
ITC Hotels
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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