Leela Palaces Hotels & Resorts Reports 33% Revenue Rise To ₹411.9 Crore In Q2 FY27; Profit Up 27% To ₹94.6 Crore
Mumbai: Leela Palaces Hotels & Resorts Limited reported an operating revenue of ₹411.9 crore for the quarter ended September 30, 2026, marking a 33 per cent year-on-year increase. The company's profit for the period grew by 27 per cent to ₹94.6 crore. Leela Palaces Hotels & Resorts Reports PAT Of ₹48.76 Crore For June Quarter Financial Performance Operating EBITDA for the second quarter of FY27…
Mumbai-based Leela Palaces Hotels & Resorts Limited announced a 33% year-on-year increase in operating revenue for the quarter ending September 30, 2026, reaching ₹411.9 crore. The company's profit for the period rose by 27% to ₹94.6 crore. Operating EBITDA grew by 36% to ₹187.7 crore, with an operating EBITDA margin of 46%, up by 118 basis points from the previous year.
Revenue per available room (RevPAR) saw a 30% increase, hitting ₹17,225, driven by a 30% rise in average daily rate (ADR) to ₹25,046. Room revenue climbed by 39%, while food and beverage revenue grew by 21%. Hotel management agreement (HMA) fees increased by 76%, indicating a rise in managed properties. Non-room revenue contributed over 50% of the total revenue in the first half of FY27.
The company has a pipeline of 1,038 keys across 10 properties, with the Leela Jaisalmer and The Leela Luxury Residences, Mumbai, in the pre-opening stage and expected to commence operations in FY27. As of September 30, 2026, net debt stood at ₹1,215 crore, with the net debt to LTM EBITDA ratio improving to 1.4x.
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