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Leela Palaces Hotels & Resorts proposes to make an investment of up to Rs 185 crore in Buildminds, a subsidiary of the Company, by way of subscription to Compulsorily Convertible Preference Shares (CCPS). Buildminds is engaged in the development of our upcoming 5-star Hotel at Ayodhya. The proposed investment forms part of the Company`s overall commitment to fund the capital requirements of Buildminds and is intended to support its ongoing business operations, project development activities and long-term growth plans. The investment shall be made in one or more tranches, depending upon the funding requirements. Being an investment in an existing subsidiary this will not result in any change in the management control or any economic interest in Buildminds.

Net profit of Leela Palaces Hotels & Resorts rose 456.44% to Rs 48.80 crore in the quarter ended June 2026 as against Rs 8.77 crore during the previous quarter ended June 2025. Sales rose 28.08% to Rs 351.96 crore in the quarter ended June 2026 as against Rs 274.79 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales351.96274.79 28 OPM %36.3036.91 - PBDT97.0142.05 131 PBT64.3415.68 310 NP48.808.77 456 Powered by Capital Market - Live News

The board of Leela Palaces Hotels & Resorts at its meeting held on 31 July 2026 has approved the investment of up to Rs 120 crore in Schloss Tadoba, a wholly owned subsidiary of the Company. The funds will be used to finance and support hotel projects and capital expenditure requirements.

Leela Palaces Hotels & Resorts will hold a meeting of the Board of Directors of the Company on 31 July 2026.

Net profit of Leela Palaces Hotels & Resorts rose 46.17% to Rs 171.77 crore in the quarter ended March 2026 as against Rs 117.51 crore during the previous quarter ended March 2025. Sales rose 14.06% to Rs 484.42 crore in the quarter ended March 2026 as against Rs 424.72 crore during the previous quarter ended March 2025.For the full year,net profit rose 742.84% to Rs 403.13 crore in the year ended March 2026 as against Rs 47.83 crore during the previous year ended March 2025. Sales rose 17.43% to Rs 1527.29 crore in the year ended March 2026 as against Rs 1300.57 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales484.42424.72 14 1527.291300.57 17 OPM %54.8453.34 -48.4645.69 - PBDT235.64165.62 42 607.25242.00 151 PBT205.77134.62 53 494.63102.07 385 NP171.77117.51 46 403.1347.83 743 Powered by Capital Market - Live News