Waterways Leisure Tourism Reports ₹81.27 Crore H1 FY27 PAT, Up 215%
Mumbai: Waterways Leisure Tourism Limited , operator of the Cordelia Cruises brand , reported on October 9, 2026, a profit after tax (PAT) of ₹58.50 crore for the second quarter of financial year 2027 (Q2 FY27). This represents a 755% increase compared to Q2 FY26. Financial Performance The company's revenue from operations for Q2 FY27 stood at ₹132.90 crore, up 31% from ₹101.54 crore in the…
Mumbai - Waterways Leisure Tourism Limited announced a profit after tax (PAT) of ₹81.27 crore for the first half of fiscal year 2027 (H1 FY27) on October 9, 2026, marking a substantial 215% increase compared to the same period in the previous year. Revenue Growth The company's revenue from operations for H1 FY27 reached ₹323.01 crore, reflecting a 16% rise from ₹277.85 crore in H1 FY26.
EBITDA Performance EBITDA for H1 FY27 was reported at ₹124.21 crore, an impressive 131% increase from the prior period. Capacity Expansion Waterways Leisure Tourism noted that its overall capacity expanded by approximately 126% with the timely delivery of Cordelia Sky, a cruise vessel, one month ahead of schedule. Operations for Cordelia Sky are slated to commence on October 23, 2026.
IPO Prospects Management disclosed that the company filed preliminary papers with the Securities and Exchange Board of India (SEBI), seeking approval to raise ₹727 crore through an IPO. Jurgen Bailom, Chairman, CEO, and Executive Director of Waterways Leisure Tourism, highlighted that both Q2 and H1 FY27 demonstrated sustained demand and robust ticket yields.
Bailom emphasized the company's focus on optimizing capacity utilization and maintaining pricing discipline, which contributed to the improved financial results. Financial Overview As of September 30, 2026, the company's total debt amounted to ₹412.53 crore, with a net worth of ₹731.51 crore.
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