Net profit for the quarter rose 46.3% year-on-year to ₹171.7 crore from ₹117.4 crore, reflecting strong operational performance. Revenue increased 14% to ₹484.4 crore, while EBITDA grew 17.3% to ₹265.7 crore, supporting overall earnings momentum.
Margins improved to 54.9% from 53.4% in the same period last year, reflecting strong operating leverage and steady demand in the luxury hospitality segment.
Earlier in January, CEO Anuraag Bhatnagar had indicated a confident outlook in a conversation with CNBC-TV18, projecting mid-to-high teens growth for the March quarter, which the company has broadly delivered.The first full financial year after listing has also seen balance sheet improvements, with a focus on debt reduction, disciplined capital allocation and asset-light expansion. Strategic additions, including an international acquisition in Dubai and new management contracts in India, are contributing to incremental EBITDA growth.
Also Read: Leela Palaces sticks to mid-to-high teens growth outlook for FY26
Looking ahead, the company expects FY27 to remain a growth year, supported by new hotel openings, luxury branded residences and the rollout of Arq, its members-only club offering. By FY30, it aims to operate 23 hotels with over 5,100 keys and generate EBITDA of more than ₹2,000 crore.
In the previous quarter, the company had reported revenue of ₹457.4 crore, net profit of ₹147.8 crore and margins of 52%, indicating continued momentum.
The Leela Palaces Hotels and Resorts operates in the luxury hospitality segment, with a portfolio of premium hotels, resorts and residences across key destinations in India and overseas.
