StockWatch
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Hotels & Resorts
Quarterly Result31 Jul 2026, 02:38 pm

Leela Palaces Hotels & Resorts Reports Strong Q1 FY27 Performance

AI Summary

Leela Palaces Hotels & Resorts Ltd. announced a robust Q1 FY27 performance, with operating revenue growing 28% to ₹3,520 million and operating EBITDA rising 41% to ₹1,434 million. Profit After Tax (PAT) surged approximately 4.6 times to ₹488 million. The company attributes this growth to strong domestic luxury demand, brand strength, pricing power, and disciplined expansion. RevPAR increased by 17% driven by a 10% rise in Average Daily Rate (ADR) and improved occupancy. The company also highlighted its #2 global ranking by Travel + Leisure and its ongoing expansion strategy, including a new wildlife resort in Tadoba.

Key Highlights

  • Operating revenue grew 28% to ₹3,520 million in Q1 FY27.
  • Operating EBITDA increased 41% to ₹1,434 million.
  • PAT surged 460% to ₹488 million.
  • RevPAR grew 17% driven by ADR and occupancy improvements.
  • Ranked #2 globally by Travel + Leisure for brand strength.