Leela Palaces Hotels & Resorts reported strong Q3 FY26 results with operating revenue up 21% to ₹4,574 million and operating EBITDA growing by 23% to ₹2,378 million. The company delivered its fifth consecutive quarter of double-digit RevPAR and EBITDA growth, continuing to materially outperform the Indian luxury hotel segment. The company also announced expansion plans, including its first international strategic investment.
Exceptional Financial Performance
Leela Palaces Hotels & Resorts announced outstanding financial results for Q3 FY26. Key highlights include:
- Operating Revenue: ₹4,574 million, a 21% increase year-over-year.
- Operating EBITDA: ₹2,378 million, a 23% increase year-over-year.
- Operating EBITDA Margin: 52%
- PAT: ₹1,479 million
For the nine months ending December 31, 2025, the results were equally impressive:
- Operating Revenue: ₹10,429 million, a 16% increase year-over-year.
- Operating EBITDA: ₹4,772 million, a 22% increase year-over-year.
- PAT: ₹2,313 million
Key Operational Metrics
The company also reported strong operational metrics:
- Occupancy: 71% in Q3 FY26
- ADR: ₹30,337 in Q3 FY26
- RevPAR: ₹21,551 in Q3 FY26
Strategic Expansion Initiatives
Leela Palaces is expanding its presence both domestically and internationally:
- Signed a management contract for an 80-key luxury hotel in Jaisalmer, expected to be operational by mid-FY27.
- Completed acquisition of a 25% equity stake in a luxury beachfront resort on Palm Jumeirah, marking Leela’s first international venture.
Industry Recognition
The brand continues to receive accolades:
- Net Promoter Score (NPS) of 86 significantly exceeds luxury segment benchmarks.
- Named The Best Hotel Group in India for the sixth consecutive year by Travel+Leisure India & South Asia.
Source: BSE
