Leela Palaces Hotels & Resorts reports Q2 PAT of Rs 75 crore, revenue up 11% YoY to Rs 333 crore

Luxury hospitality chain Leela Palaces Hotels & Resorts has reported revenues of Rs 333.4 crore in quarter two of this fiscal, up 11% year on year.

The chain reported a profit after tax of Rs 75 crore. The chain said its EBITDA grew 17% to Rs 161 crore during the quarter under review.

"This marks our fourth consecutive quarter of positive profit after tax, underscoring the strength of our business," said CEO Anuraag Bhatnagar.


"Revenue per available room grew 13% reflecting industry-leading performance, driven by improved occupancy and average daily rates, with owned hotels posting strong double-digit revenue per available room growth across both city and resort segments," he added.

He said the chain remains on track to deliver mid-to-high teens EBITDA growth for the financial year 2026, supported by robust operating momentum, strategic initiatives, and continued portfolio enhancements. "We are also very excited to announce our international foray with entry into Dubai’s Palm Jumeirah, a top luxury tourist destination, extending The Leela’s hospitality on a global stage," he added.