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Leela Palaces Hotels & Resorts Ltd reported a sharp rise in consolidated net profit for the third quarter ended December 2025, driven by robust revenue growth and strong demand in the luxury hospitality segment. Net profit increased to INR 147.88 crore, more than doubling from the same period last year, supported by higher room rates and sustained occupancy levels. Revenue from operations grew 21% year-on-year to INR 457.43 crore, significantly outperforming broader industry growth trends. While total expenses also rose during the quarter, profitability remained strong. The company also accounted for the incremental financial impact of recently notified labour codes as exceptional items. Management highlighted disciplined expansion efforts, including new domestic and international strategic initiatives, reinforcing the brand's premium positioning and long-term growth strategy.
Leela Palaces Hotels & Resorts Ltd on Friday reported a consolidated net profit of INR 147.88 crore for the third quarter ended December 2025, compared with INR 56.40 crore in the corresponding period last year, supported by strong revenue growth across its luxury portfolio. Advertisement
Revenue from operations during the quarter rose to INR 457.43 crore, up from INR 370.46 crore a year earlier, reflecting improved operating performance and pricing strength. Total expenses also increased to INR 219.60 crore from INR 183.51 crore in the year-ago period, in line with higher operational activity.
The company disclosed an incremental impact of INR 6.4 crore related to the implementation of four central labour codes, which was reported under exceptional items in its consolidated financial results for the quarter and nine months ended December 31, 2025. The labour codes consolidate 29 existing labour laws and are expected to have ongoing financial implications as central and state-level rules are finalised.
Commenting on the results, Anuraag Bhatnagar, Whole-Time Director and Chief Executive Officer, said the company delivered its best-ever quarterly performance in Q3 FY26, with operating revenue growth of 21%, significantly outpacing the broader luxury hospitality industry. He added that the company continued to pursue disciplined and capital-efficient growth, including signing a management agreement for The Leela Jaisalmer and making its first international strategic investment in Dubai.
Leela Palaces, Hotels and Resorts is India's largest institutionally owned and managed pure-play luxury hospitality brand.
Source - PTI
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