Leela Palaces Hotels & Resorts Reports Q2 Results, Invests in Subsidiary

Leela Palaces Hotels & Resorts announced its Q2 results, with total income reaching ₹2,870.02 million. The Board approved an investment in Aries Holdings (DIFC) Limited, a wholly-owned subsidiary, to explore business opportunities in the UAE. The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at ₹1,887.84 million. These results, along with the investment decision, highlight the company’s strategic moves and financial performance.

Financial Performance

Leela Palaces Hotels & Resorts reported its unaudited standalone financial results for Q2, which ended on September 30, 2025. The company’s total income for the quarter reached ₹2,870.02 million. This includes revenue from operations of ₹1,944.67 million and other income of ₹925.35 million.

Key financial figures include:

  • EBITDA: ₹1,887.84 million
  • Profit before tax: ₹1,366.99 million
  • Net profit after tax: ₹1,077.26 million

Strategic Investment

The Board approved an investment in Aries Holdings (DIFC) Limited, a wholly-owned subsidiary incorporated outside India. The investment aims to explore business opportunities in the UAE. The cost of acquisition is valued at approximately USD 49.667 million, paid via cash consideration. This is expected to be complete by the end of 2025.

Additional Highlights

The company’s Earnings Per Share (EPS) stood at ₹3.41 for the quarter. These figures reflect the financial health and strategic direction of Leela Palaces Hotels & Resorts, aligning with their growth objectives.

Source: BSE

InvestyWise News
InvestyWise News
Covers market-moving news with speed and precision, delivering sharp insights to help readers stay ahead in the fast-paced world of stocks.

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!