Leela Palaces Hotels and Resorts Approves Q1 Results, Details Investment in Schloss Tadoba
Leela Palaces Hotels & Resorts Limited (formerly Schloss Bangalore Limited) announced the approval of its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company's Board of Directors considered these results along with a Limited Review Report issued by B S R & Co. LLP. The board meeting was held on July 31, 2026.During the board meeting, which commenced at 12:27 P.M. and concluded at 01:30 P.M., the company also approved an investment in Schloss Tadoba Private Limited, a wholly owned subsidiary of Leela Palaces Hotels & Resorts Limited.
Q1 Financial Performance Snapshot
The management released detailed financial results for the quarter ended June 30, 2026, which reflect both standalone and consolidated performance metrics.Standalone Financial Results (Quarter Ended June 30, 2026)
(All figures are in Rupees in millions unless stated otherwise)| Particulars | Quarter ended June 30, 2026 Unaudited | March 31, 2026 Audited | June 30, 2025 Unaudited | March 31, 2026 Audited |
|---|---|---|---|---|
| Revenue from operations | 1,024.69 | 1,190.04 | 926.10 | 4,374.64 |
| Other income | 406.47 | 719.69 | 392.89 | 2,105.17 |
| Total Income | 1,431.16 | 1,909.73 | 1,318.99 | 6,479.81 |
| Total Expenses | 523.31 | 564.91 | 492.30 | 2,181.98 |
| EBITDA | 907.85 | 1,344.82 | 826.69 | 4,297.83 |
| Net profit after tax for the period | 608.56 | 912.54 | 348.74 | 2,757.91 |
The standalone results showed that total income stood at 1,431.16 million for the quarter ended June 30, 2026. Profit after tax for the period was reported at 608.56 million.
Consolidated Financial Results (Quarter Ended June 30, 2026)
(All figures are in Rupees in millions unless stated otherwise)| Particulars | Quarter ended June 30, 2026 Unaudited | March 31, 2026 Audited | June 30, 2025 Unaudited | March 31, 2026 Audited |
|---|---|---|---|---|
| Revenue from operations | 3,519.56 | 4,844.20 | 2,747.90 | 15,272.90 |
| Other income | 85.45 | 77.28 | 265.40 | 704.89 |
| Total Income | 3,605.01 | 4,921.48 | 3,013.30 | 15,977.79 |
| Total Expenses | 2,085.74 | 2,187.59 | 1,733.56 | 7,844.37 |
| EBITDA | 1,519.27 | 2,733.89 | 1,279.74 | 8,133.42 |
| Net profit after tax for the period/year | 487.55 | 1,717.24 | 87.02 | 4,030.33 |
The consolidated total income stood at 3,605.01 million for the quarter ended June 30, 2026. Net profit after tax for the period was recorded as 487.55 million.
Investment in Schloss Tadoba Private Limited
Details regarding the investment in Schloss Tadoba Private Limited (STPL) were provided, with STPL being a wholly owned subsidiary of Leela Palaces Hotels & Resorts Limited. The industry to which STPL belongs is Hotels and Resorts.The purposes for the acquisition include financing and supporting hotel projects and capital expenditure requirements. The estimated cost of acquisition was up to INR 1,200,000,000 in one or more tranches by way of subscription or acquisition of equity shares, preference shares, debt instruments, loans, and/or any other structured or hybrid financial instruments.
STPL was incorporated on June 2, 2022, and is engaged in the business of Hotels and Resorts in India. For the last three financial years, STPL's turnover has been NIL.
THELEELA Stock Price Movement
Shares of Leela Palaces gain to ₹476.35 as of 1:59 PM, climbing 1.76% during live trading. The equity has traded a volume of 144,756 shares today, staying within the day’s range which spans from a low of ₹468.00 to a high of ₹480.95.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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