Leela Palaces Hotels & Resorts Limited’s board approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The board also approved investing in Aries Holdings (DIFC) Limited, a wholly-owned subsidiary incorporated outside India, to explore business opportunities in the UAE. The total investment approved is USD 49.667M, expected to be completed by the end of 2025.
Financial Results Overview
The Board of Directors has approved the unaudited standalone and consolidated financial results for Q2 2025 and the half-year ended September 30, 2025. These results have been reviewed by the statutory auditors, B S R & Co. LLP. A detailed statement of the financial results is available on the company website and stock exchange platforms.
Key Financial Highlights (Consolidated)
Key figures from the consolidated unaudited results include:
- Revenue from operations: ₹5,854.39 million for the half-year.
- Profit before tax: ₹1,089.31 million for the half-year.
- Net Profit after tax: ₹834.24 million for the half-year.
Investment in Aries Holdings (DIFC) Limited
The Board has approved an investment in Aries Holdings (DIFC) Limited, a wholly-owned subsidiary incorporated outside India. The purpose of this investment is to explore business opportunities in the UAE. The total cost of the acquisition is valued at USD 49.667M.
Rationale for Investment
The investment in Aries Holdings aims to capitalize on new business opportunities in the UAE. This strategic move is expected to enhance the company’s growth prospects and market presence.
Transaction Details
The transaction involves a cash consideration of USD 49.667M and is expected to be completed by the end of 2025. The percentage of shareholding acquired is 100%, representing an existing wholly-owned subsidiary.
Additional Details on Aries Holdings
Aries Holdings (DIFC) Limited, incorporated on November 2, 2023, is an investment company based in the United Arab Emirates (UAE). The paid-up share capital is USD 4,199. It has not yet generated significant turnover since its inception.
Source: BSE
