Leela Palaces Reports 162% Profit Increase and Dubai Investment in Q3 FY26

Leela Palaces, Hotels and Resorts reported a 162% rise in consolidated net profit to Rs 147.8 crore for Q3 FY26, up from Rs 56.4 crore in the same period last year. Revenue from operations increased 19% to Rs 457.4 crore. The company achieved its fifth consecutive quarter of double-digit growth in revenue per available room and EBITDA, outperforming the Indian luxury hotel segment. It also closed its Dubai investment, acquiring a 25% stake, with plans to rebrand the property as The Leela by 2027.