Leela Palaces Hotels & Resorts Limited has announced the approval of its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also sanctioned the investment of funds into its wholly-owned subsidiary, Schloss Tadoba Private Limited, and authorized the execution of related documents. The company’s unaudited standalone revenue for the quarter was ₹1,024.69 million.
Financial Results and Board Approvals
Leela Palaces Hotels & Resorts Limited (formerly known as Schloss Bangalore Limited) convened a Board Meeting on July 31, 2026, to review and approve its financial performance. The Board considered and approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. These results were accompanied by Limited Review Reports from BSR & Co. LLP, the Statutory Auditor.
Standalone Financial Highlights (Q1 FY27)
For the quarter ended June 30, 2026, the company reported standalone revenue from operations of ₹1,024.69 million. Other income contributed ₹406.47 million, bringing the total income to ₹1,431.16 million. Expenses for the period amounted to ₹523.31 million, resulting in earnings before interest, depreciation, amortization, and tax (EBITDA) of ₹907.85 million. Profit after tax for the quarter stood at ₹608.56 million.
Investment in Subsidiary
In addition to the financial results, the Board of Directors approved the investment of funds in Schloss Tadoba Private Limited, a wholly-owned subsidiary. The necessary documents for this transaction were also authorized. This strategic investment is aimed at supporting hotel projects and capital expenditure requirements, as detailed in Annexure B of the disclosure.
Meeting Details
The Board Meeting commenced at 12:27 P.M. (IST) and concluded at 01:30 P.M. (IST). Further details regarding these outcomes are available on the company’s investor relations website at www.theleela.com/investors.
Source: BSE
