Leela Palaces Hotels Announces Board Approvals of Financial Results, Strategic Investment, and New Internal Auditor
Leela Palaces Hotels & Resorts Limited announced on April 28, 2026, that its Board of Directors approved the audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The board meeting also approved an investment in BPBKC Properties Private Limited and appointed M/s. PricewaterhouseCoopers Services LLP as the Internal Auditor for the financial year 2026-27.The audit of the financial results was conducted by B S R & Co. LLP, the Statutory Auditor of the Company.
Financial Performance Highlights (March 31, 2026)
The company reported audited results for the year ended March 31, 2026. Key financial metrics for the year were:| Particulars | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|
| Total Income | 6,479.81 million | 4,741.70 million |
| Total Expenses | 2,181.98 million | 1,999.28 million |
| Net profit after tax | 2,757.91 million | 342.35 million |
For the consolidated entity, the Total Income for the year ended March 31, 2026, was 15,977.79 million, compared to 14,065.56 million in the previous year. The consolidated Net profit after tax for the year stood at 4,030.33 million, up from 476.58 million in the corresponding year.
The audited Standalone Assets and Liabilities as of March 31, 2026, totaled 95,356.80 million. The company's total assets reached 89,236.84 million on a consolidated basis, up from 82,661.63 million as of March 31, 2025.
Strategic Investment in Real Estate Sector
The Board approved an investment in BPBKC Properties Private Limited (BPBKC), a company engaged in the Hotels and Resorts and Real Estate sectors. The investment is intended to explore opportunities within the hospitality and real estate sectors. Under the approved plan, the company, along with a wholly owned subsidiary, will hold a 50% shareholding in BPBKC. The acquisition cost is set at up to INR 1,00,00,000/- in tranches, and the acquisition is expected to conclude by the end of FY 2027.Governance and Audit Appointments
The Board of Directors also approved the appointment of M/s. PricewaterhouseCoopers Services LLP as the Internal Auditor of the Company for the financial year 2026-27.The audit of the standalone annual financial results by B S R & Co. LLP provided an opinion that the results gave a true and fair view in conformity with the applicable Indian Accounting Standards.
Consolidated Financial Status (March 31, 2026)
The following table summarizes the key financial positions of the Group:| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| TOTAL ASSETS | 89,236.84 million | 82,661.63 million |
| TOTAL EQUITY | 64,526.15 million | 36,049.88 million |
| TOTAL LIABILITIES | 24,710.69 million | 46,011.75 million |
The Group's total comprehensive income for the year ended March 31, 2026, was 4,360.69 million, attributed to owners of the company at 4,031.34 million. The basic earnings per share for the year stood at 12.43 Rupees.
THELEELA Stock Price Movement
As of 2:39 PM, shares of Leela Palaces Hotels & Resorts Limited are shedding 4.31% in live trading, currently priced at ₹408.5. The stock has seen robust trading activity, processing a volume of 703,309 shares throughout the session.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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