Leela Palaces Hotels & Resorts reported a consolidated net profit of ₹94.6 crore for the second quarter of the financial year 2026‑27 (Q2 FY27), a 26.5% increase from ₹75 crore in the same period last year. The company’s revenue from operations grew 32.5% year‑on‑year (YoY) to ₹412 crore in the July‑September quarter, up from ₹311 crore in the corresponding quarter of the previous fiscal year. Adjusted operating EBITDA stood at ₹188 crore, reflecting a 36% YoY rise from ₹138 crore, and the EBITDA margin expanded to 45.6% from 44.4% YoY.

For the first half of the current fiscal year (H1 FY27), Leela’s net profit increased 72% to ₹143 crore from ₹83 crore reported in the same period of the previous year. Revenue from operations for H1 FY27 stood at ₹764 crore, up 30.6% from ₹585 crore in H1 FY26. The company’s RevPAR increased 30% YoY to ₹17,225, driven by a 30% rise in ADR to ₹25,046, supported by an expanded portfolio including Coorg. Domestic segment revenue grew over 30%, with suite occupancy improving by more than 700 basis points.

Room revenue grew 39% in Q2 FY27, F&B revenue jumped 21%, and HMA fees rose 76%, reflecting a strong ramp‑up of managed properties and a growing brand footprint. Non‑room revenue exceeded 50% of total revenue in H1 FY27, indicating continued diversification beyond rooms. The brand website contributed 15.1% of room revenue in H1 FY27, a 2.8‑fold increase from H1 FY25, improving distribution economics and reducing reliance on third‑party channels.

By the end of the September quarter, Leela’s net debt stood at ₹1,215 crore, while the net debt to LTM EBITDA improved to 1.4x, down from 1.6x in March 2026 and 3.7x in March 2025. This provides substantial headroom to fund future growth. The company remains focused on optimising its capital structure and financing costs while preserving ample liquidity to support its expansion pipeline and strategic initiatives.

Following the earnings announcement, shares of Leela Palaces were trading at ₹582.70 apiece on the National Stock Exchange, falling 3.09%. The company highlighted that its performance remained broad‑based across business segments, with marquee events such as the BRICS Summit in Delhi further bolstering demand. The statement underscored industry‑leading financial performance, translating premium brand strength into superior revenue growth, margin expansion and profitability.