Leela Palaces Hotels & Resorts Q3 Profit Soars 162% to Rs 148 Crore

Business
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Moneycontrol•17-01-2026, 01:15
Leela Palaces Hotels & Resorts Q3 Profit Soars 162% to Rs 148 Crore
- •Leela Palaces Hotels & Resorts reported a consolidated net profit of Rs 147.88 crore for Q3, a 162% increase from Rs 56.40 crore last year.
- •Revenue from operations grew by 23.5% to Rs 457.43 crore in Q3, up from Rs 370.46 crore in the corresponding period.
- •Total expenses for the quarter rose to Rs 219.60 crore, compared to Rs 183.51 crore a year ago.
- •The company noted an incremental impact of Rs 6.4 crore due to the four Labour Codes notified by the central government in November 2025.
- •CEO Anuraag Bhatnagar highlighted Q3 FY26 as their best-ever quarterly performance, with operating revenue growing 21% and new agreements signed for The Leela Jaisalmer and a strategic investment in Dubai.
Why It Matters: Leela Palaces Hotels & Resorts achieved record Q3 profits and revenue, driven by strong luxury market positioning.
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