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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Leela Hotels reports a 46% net profit increase in Q4 FY 2...
2026-04-28 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

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