Leela Palaces Hotels & Resorts Ltd News

ICICI Sec starts coverage on Leela Palaces with 'Buy'; 45% upside seen

ICICI Securities has set a target price of ₹600 for Leela Palaces Hotels and Resorts, based on a 22x EV/Ebitda on December 2027 earnings estimates for its hotels business

Leela Palaces acquires 25% stake in Dubai's Sofitel The Palm FZE

Leela Palaces, Hotels and Resorts has taken its first major step overseas with a 25 per cent stake in Sofitel The Palm FZE, a luxury beachfront property on Palm Jumeirah

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

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 ..

Q2 results today: Tech Mahindra, Bank of Maharashtra, 20 others on Oct 14

Q2FY26 company results: ICICI Lombard, Ireda, ICICI Prudential Life Insurance, and Leela Palaces Hotels & Resorts will also release their Sept quarter earnings reports today

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

Schloss Bangalore shares climb 4% post Q1 results: Should you buy?

The company's total revenue for the quarter stood at ₹301 crore as against ₹240 crore recorded in the first quarter of FY25, marking a rise of 25 per cent.