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Business News Today: Latest Business News, Finance News

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Leela Hotels reports a 46% net profit increase in Q4 FY 2...
2026-04-28 · via Business News Today: Latest Business News, Finance News

Leela Palaces Hotels & Resorts reported 46 per cent year-on-year increase in consolidated net profit for fourth quarter of FY26 on the back of improved domestic demand and higher average daily rates.

Net profit for the quarter stood at ₹171 crore in Q4 FY26 as against ₹117 crore in same period last year. Revenue from operations grew 12 per cent to ₹484 crore as the hotel chain benefitted from 15 per cent growth in rates and increase in food and beverage revenue. 

Operating EBITDA (earning before income, tax, depreciation and amortisation ) grew by 13 per cent to ₹265 crore and margins expanded by 57 basis points to 55 per cent.

Speaking on full year result, Leela Hotels CEO Anuraag Bhatnagar said FY26 has been a landmark year for the chain with highest ever net profit of ₹403 crore.

 “As demand continues to significantly outpace supply in the luxury segment, we have strategically expanded our portfolio and pipeline across key destinations including Mumbai BKC, Dubai, Jaisalmer, and Coorg. With a strong balance sheet and net debt to EBITDA at 1.6 times, we are well positioned to scale and capitalise on the next phase of luxury demand growth,” he said.

Published on April 28, 2026