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Leela Hotel
Leela Palaces Hotels & Resorts Ltd on Friday reported a consolidated net profit of Rs 147.88 crore for the third quarter ended December, from Rs 56.40 crore a year ago, on strong revenue growth. The luxury hospitality player, which listed on the stock exchanges in June last year as Schloss Bangalore Pvt Ltd, reported a revenue from operations of Rs 457.43 crore for the third quarter, as against Rs 370.46 crore for the corresponding October-December period of last year, a regulatory filing showed. During the quarter under review, its total expenses also rose to Rs 219.60 crore, from Rs 183.51 crore a year ago. Notably, Leela Palaces Hotels & Resorts presented the "incremental impact" of the four Labour Codes notified by the central government in November under "Exceptional Items" amounting to Rs 6.4 crore in the consolidated financial results for the quarter and nine months ended December 31, 2025, according to its assessment. On November 21, 2025, the government notified the ..
The Leela Palaces, Hotels and Resorts Ltd on Tuesday reported a consolidated net profit of Rs 74.72 crore on the second quarter ended September 30, 2025, on the back of higher revenue. The company had posted a consolidated net loss of Rs 51.17 crore in the corresponding quarter last fiscal, The Leela Palaces, Hotels and Resorts Ltd said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 310.65 crore as against Rs 277.15 crore in the year-ago period, it added. Total expenses in the second quarter were higher at Rs 172.72 crore as compared to Rs 162.61 crore in the corresponding quarter last fiscal, the company said. Commenting on the performance, Leela Palaces Hotels & Resorts Ltd CEO Anuraag Bhatnagar said, "This marks our fourth consecutive quarter of positive PAT, underscoring the strength of our business." RevPAR (revenue per available room) grew 13 per cent driven by improved occupancy and ADR (average daily rate), with owned ..
A call about a bomb threat sparked panic at a hotel in Gurugram on Tuesday and a search is on to trace it, police said. The call was received at Leela Hotel in the Ambiance Mall complex around 11:35 am. The police were immediately informed following which bomb disposal and dog squads reached the hotel and evacuated it, sources said. A senior police officer said that the threat call to the hotel was made from a mobile number which was found switched off. "The search is on and the police are trying to identify the caller," the official added.