Chalet Hotels Limited , a leading hospitality company, has reported robust financial results for the first quarter of fiscal year 2026, ended June 30, 2025. The company also announced a significant leadership transition plan.

Financial Highlights

Chalet Hotels delivered impressive growth across key financial metrics:

• Total income surged by 146% year-over-year to ₹9,083.38 crore
• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew by 150% to ₹3,710.65 crore
• Profit for the period increased by 235% to ₹2,031.28 crore

The company's performance was driven by strong growth in its core hospitality business and significant revenue recognition from its residential project in Bengaluru.

Segment Performance

Hospitality Segment

The hospitality segment showed solid growth:

Real Estate Segment

The company recognized substantial revenue from its residential project:

• Revenue of ₹4,391.17 crore was recorded from the Bengaluru residential project
• 95 units were handed over at The Vivarea, Koramangala, Bengaluru

Rental/Annuity Business

The rental and annuity business segment also performed well:

• Revenue more than doubled, increasing by 106% to ₹731.95 crore
• EBITDA grew by 130% to ₹608.00 crore

Operational Highlights

Chalet Hotels continued to expand its portfolio:

• Added 121 rooms at Bengaluru Marriott Hotel Whitefield
• Operationalized 44 rooms and a banquet at The Dukes Retreat, Khandala

Leadership Transition

The company announced a significant leadership change:

• Dr. Sanjay Sethi, the current Managing Director & CEO, will retire on January 31, 2026
• Mr. Shwetank Singh has been appointed as the Managing Director & CEO Designate
• Mr. Singh will assume the role of Managing Director & CEO effective February 1, 2026
• Dr. Sethi will continue as a Non-Executive, Non-Independent Director from February 1, 2026

Corporate Recognition

Chalet Hotels maintained its strong corporate standing:

• Ranked 11th in Great Place To Work®
• Received the recognition for the 6th consecutive year

Sanjay Sethi, Managing Director & CEO, commented on the results: "Despite the geopolitical headwinds across India and West Asia, we've once again delivered a strong quarterly performance — a reflection of our team's unwavering commitment to disciplined execution, guest-centricity, and long-term value creation."

The company's focus on expansion, coupled with its strong financial performance and strategic leadership transition, positions Chalet Hotels for continued growth in the hospitality sector.

Note: All financial figures are in Indian Rupees (₹) and 1 crore = 10 million.

Chalet Hotels Limited , a leading hospitality company, has reported robust financial results for the first quarter, showcasing significant growth across key metrics.

Strong Revenue Growth

The company's consolidated revenue for Q1 surged by 146% year-over-year, reaching ₹9,083.00 million compared to ₹3,691.00 million in the same period last year. This impressive growth was primarily driven by strong performance in the hospitality segment and the recognition of revenue from its residential project.

Segment-wise Performance

Hospitality Segment

The hospitality business demonstrated solid growth, with revenue increasing by 18% to ₹3,856.00 million. The segment's EBITDA rose by 20% to ₹1,608.00 million, with an EBITDA margin of 41.7%.

Key performance indicators for the hospitality segment include:

Rental & Annuity Business

The rental and annuity business witnessed substantial growth, with revenue more than doubling to ₹732.00 million, up 106% year-over-year. EBITDA for this segment increased by 130% to ₹608.00 million, with an impressive EBITDA margin of 83.1%.

Residential Project

Chalet Hotels recognized revenue of ₹4,391.00 million from its residential project at Bengaluru during the quarter. The company handed over 95 units at The Vivarea, Koramangala, Bengaluru.

Profitability and Financial Position

The company's EBITDA for Q1 stood at ₹3,711.00 million, marking a 150% increase from the previous year. Net profit saw a significant jump, rising by 235% to ₹2,031.00 million compared to ₹606.00 million in the same quarter of the previous year.

Operational Highlights

• Chalet Hotels added 121 rooms at Bengaluru Marriott Hotel Whitefield and 44 rooms at The Dukes Retreat, expanding its inventory.
• The company maintained its expansion pipeline with ongoing projects, including the Taj at Delhi International Airport.
• Chalet Hotels was recognized as a Great Place to Work® for the 6th consecutive year, ranking 11th in the category.

Management Commentary

Dr. Sanjay Sethi, MD & CEO of Chalet Hotels Limited, commented on the results: "Despite the geopolitical headwinds across India and West Asia, we've once again delivered a strong quarterly performance — a reflection of our team's unwavering commitment to disciplined execution, guest-centricity, and long-term value creation."

Dr. Sethi also announced his intention to retire from executive responsibilities upon completing his current tenure on January 31, 2026. The Board has approved the appointment of Mr. Shwetank Singh as the Managing Director & CEO Designate, who will assume the role effective February 1, 2026.

Chalet Hotels continues to demonstrate resilience and growth in the hospitality sector, with a strong focus on expansion and operational excellence. The company's diversified portfolio across hospitality, rental business, and residential projects positions it well for sustained growth in the coming quarters.