Hotels company Leela Palaces Hotels & Resorts announced Q2FY26 results Total revenue grew 11% YoY to Rs 3,334 million. EBITDA increased 17% to Rs 1,607 million, change 17% YoY. PAT growing to Rs 747 million. EBITDA margins expanded to 48.2% driven by operating leverage and improved cost management. Anuraag Bhatnagar, Chief Executive Officer, said: "We delivered a robust performance in Q2FY26 with total revenue growing 11% to Rs 3,334 million, EBITDA rising 17% to Rs 1,607 million, and PAT growing to Rs 747 million. This marks our fourth consecutive quarter of positive PAT, underscoring the strength of our business. RevPAR grew 13% reflecting industry-leading performance, driven by improved occupancy and ADR, with owned hotels posting strong double-digit RevPAR growth across both city and resort segments. We remain on track to deliver mid-to-high teens EBITDA growth for FY26, supported by robust operating momentum, strategic initiatives, and continued portfolio enhancements. We are also very excited to announce our international foray with entry into Dubai’s Palm Jumeirah, a top luxury tourist destination, extending The Leela’s hospitality on a global stage.” Result PDF
Hotels company Schloss Bangalore announced Q1FY26 results Total revenue surged 25% YoY to Rs 3,013 million. EBITDA rose 63% YoY to Rs 1,280 million.. Profit After Tax increased by Rs 837 million. Operating revenue increased 17% YoY, while operating EBITDA grew 39% reflecting sustained customer preference for The Leela’s distinctive luxury experience and strong pricing power. EBITDA margins expanded to 42.5% driven by operating leverage. Anuraag Bhatnagar, Chief Executive Officer, said: "We are pleased to report a record first-quarter performance. Total revenue grew 25% to Rs 3,013 million, and EBITDA rose 63% to Rs 1,280 million, supported by a 20% YoY RevPAR increase, with market share gains that outpaced the luxury hospitality sector. The performance underscores the strength of India’s luxury travel market and the demand for The Leela’s distinctive experiential offerings. We are entering a defining phase of growth with 8 hotels under development, including our strategic expansion into Mumbai through a landmark mixeduse development in BKC featuring a 250-key ultra-luxury hotel, complementing the 63 highend serviced apartments under development near Mumbai International Airport.” Result PDF