Media Report

 

ITC Hotels post record Q2 profit at Rs. 133 crore; launches new premium brand 'Epiq Collection'


Hospitality major ITC Hotels has reported its highest ever Q2 income at Rs 885 crore, up 13% from same period last fiscal; and also highest Q2 profit at Rs 133 crore up 74% from last fiscal. ITC Hotels share price closed 0.9% higher Friday at Rs 221.65 when the broader market was down 0.4%. The company says its growth pipeline expands to about 5,900 keys with over 60 hotels and it has launched a new brand - "Epiq Collection - Member ITC Hotels' Group" to accelerate growth in the premium segment.