Leela Palaces Hotels & Resorts Limited

Leela Palaces Hotels & Resorts Limited plans to invest up to Rs 185,00,00,000 in Buildminds Real Estate Private Limited, a subsidiary of the company, through Compulsorily Convertible Preference Shares, to fund the construction of a 5-star hotel in Ayodhya. The investment will be made in one or more tranches over one or more years and does not represent a change in management control or economic interest in Buildminds, which was incorporated on April 23, 2024, and has a registered office in Mumbai.

Leela Palaces Hotels & Resorts Ltd share price declined by 0.54% to Rs 468.65 after the company's net profit tumbled by 71.60% to Rs 48.76 crore, while revenue from operations plunged by 27.34% to Rs 351.96 crore in Q2FY26 over Q1FY26. The market capitalization of Hotels & Resorts industry group stocks on BSE stood at Rs 2.42 lakh crore, declining 9.09%. It has marginally improved by 1.29% over last one week and rose by 8.35% in last one month while the market capitalization of Leela Palaces Hotels & Resorts Ltd has eased by 1.19% and 9.26% in the same period respectively. Profit before tax (PBT) of Leela Palaces Hotels & Resorts Ltd stood at Rs 64.34 crore in Q2 FY26, surging by 310.33% year-on-year, and crashing by 68.73% quarter-on-quarter. EBITDA came in at Rs 135 crore, rallying 80.01% YoY and tumbling by 47.73% sequentially. Total expenses softened by 2.97% to Rs 241.24 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 27.38 crore, contracting by 10.76% YoY, while employee benefits expense was at Rs 86.54 crore, easing 6.18% YoY. For the TTM ended FY26, revenue from operations grew 11.02% to Rs 1300.57 crore, while net profit tanked by 2337.56% to Rs 47.66 crore, compared to previous TTM. EBITDA surged by 48088% to Rs 488.4 crore, and PBT jumped 425.32% to Rs 102.07 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 552.88 crore in FY26, as against Rs 538.78 crore in FY25. Leela Palaces Hotels & Resorts Ltd soared by 10.92% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 4.36% during the same period.

Leela Palaces Hotels & Resorts Limited, formerly Schloss Bangalore Limited, reported that the utilization of proceeds from its initial public offering is in line with the objects of the issue, according to a monitoring agency report released July 31, 2026, by ICRA Limited. The report, which covers the quarter ended June 30, 2026, noted that Rs 2,488.896 crore has been utilized, with Rs 2.796 crore remaining in the monitoring account.

Leela Palaces Hotels & Resorts Limited (NSE: THELEELA) announced a 28% increase in operating revenue to Rs 3,520 million and a 41% rise in operating EBITDA to Rs 1,434 million for the quarter ended June 30, 2026, reinforcing its position as India's premier luxury hospitality platform, according to a press release. The company, backed by Brookfield, also reported a profit for the period up 460% to Rs 488 million, while its Net Promoter Score reached 86 and was ranked #2 globally among the best Hotel Brands in the World by Travel + Leisure.

Net profit of Leela Palaces Hotels & Resorts rose 456.44% to Rs 48.80 crore in the quarter ended June 2026 as against Rs 8.77 crore during the previous quarter ended June 2025. Sales rose 28.08% to Rs 351.96 crore in the quarter ended June 2026 as against Rs 274.79 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales351.96274.79 28 OPM %36.3036.91 - PBDT97.0142.05 131 PBT64.3415.68 310 NP48.808.77 456 Powered by Capital Market - Live

Project Ballet Bangalore Holdings (DIFC) Pvt Ltd and other promoter entities have created a pledge over 186,706,528 equity shares, representing 55.91% of Leela Palaces Hotels & Resorts Limited's total share capital, with Catalyst Trusteeship Limited as the onshore security agent. The pledge is related to a term loan facility of up to US$500,000,000 availed by the promoters for purposes including payments to investors, repayment of shareholder loans, and transaction costs. The value of the shares is approximately INR 9,126,21,50,886.40, and the ratio of asset value to cover amount is 1.93.

Leela Palaces Hotels & Resorts will hold a meeting of the Board of Directors of the Company on 31 July 2026.

The Leela Palaces, Hotels and Resorts unveiled The Leela Coorg Forest Sanctuary, the new identity for its recently acquired retreat in Coorg. Commenting on the unveiling, Anuraag Bhatnagar, Chief Executive Officer, The Leela Palaces, Hotels and Resorts, said: The unveiling of The Leela Coorg Forest Sanctuary represents an important milestone in our journey of creating destinations that are deeply rooted in their surroundings. As we continue to expand our portfolio across India's most remarkable destinations, The Leela Coorg Forest Sanctuary reflects our belief that the most memorable luxury experiences are those that celebrate the unique character of a destination rather than simply existing within it.'

Net profit of Leela Palaces Hotels & Resorts rose 46.17% to Rs 171.77 crore in the quarter ended March 2026 as against Rs 117.51 crore during the previous quarter ended March 2025. Sales rose 14.06% to Rs 484.42 crore in the quarter ended March 2026 as against Rs 424.72 crore during the previous quarter ended March 2025. For the full year,net profit rose 742.84% to Rs 403.13 crore in the year ended March 2026 as against Rs 47.83 crore during the previous year ended March 2025. Sales rose 17.43% to Rs 1527.29 crore in the year ended March 2026 as against Rs 1300.57 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales484.42424.72 14 1527.291300.57 17 OPM %54.8453.34 -48.4645.69 - PBDT235.64165.62 42 607.25242.00 151 PBT205.77134.62 53 494.63102.07 385 NP171.77117.51 46 403.1347.83 743 Powered by Capital Market - Live

Leela Palaces Hotels & Resorts will hold a meeting of the Board of Directors of the Company on 28 April 2026.