Leela Hotel

Leela Hotels logs net profit of ₹74.7 crore, announces global foray

The Leela will require upfront capital ₹4,370 million for the 25 per cent stake, while private funds, managed by Brookfield, will acquire the balance 75 per cent stake

Updated On: 14 Oct 2025 | 11:24 PM IST

Leela Palaces, Hotels and Resorts posts ₹74.7 crore Q2 net profit

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 ..

Updated On: 14 Oct 2025 | 8:31 PM IST

JM Financial initiates 'Buy' on Schloss Bangalore; sees 43% upside

India's luxury hotel segment is witnessing robust growth, driven by rising disposable incomes, a shift towards premium experiences, and a limited supply of luxury inventory

Updated On: 22 Sep 2025 | 10:09 AM IST

Gurugram's Leela Hotel evacuated after bomb threat call; search underway

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.

Updated On: 13 Sep 2022 | 2:50 PM IST

Marriott signs agreement with Ceres Hotels to bring St Regis to Goa

This follows a strategic conversion of The Leela Goa and will be Marriott's ninth hotel in the state

Updated On: 09 Apr 2022 | 6:05 PM IST

Leela standoff: Securities Appellate Tribunal to hear ITC plea on Aug 29

In April, the board of debt-ridden Leela had floated an ordinary resolution for sale of its assets

Updated On: 14 Aug 2019 | 9:41 PM IST

Thailand's Minor International plans majority stake in Leela hotels

A representative for Trinity White City Ventures confirmed the plan

Updated On: 24 Nov 2018 | 1:20 AM IST

Lenders may have prompted Leela chairman to forgo salary

Salary of chairman and MD Vivek Nair dropped to Rs 17.12 lakh during last financial year, a plunge of 93%

Updated On: 13 Oct 2016 | 11:41 AM IST