Chalet Hotels Limited , a leading hospitality company, has announced robust financial results for the first quarter of fiscal year 2026, ending June 30, 2025. The company reported significant growth across key financial metrics, driven by strong performance in its hospitality and real estate segments.

Financial Highlights

• Total revenue surged by 146% year-over-year to ₹9,083.00 million
• EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortization) increased by 150% to ₹3,711.00 million
• Net profit saw a substantial rise of 235% to ₹2,031.00 million
• Earnings per share (EPS) grew to ₹9.30, compared to ₹2.79 in Q1 FY25

Segment Performance

Hospitality Segment

The hospitality segment continued to be a strong contributor to Chalet Hotels' growth:

• Revenue from the hospitality segment increased by 18% to ₹3,856.00 million
• EBITDA from hospitality operations grew by 20% to ₹1,608.00 million
• Average Daily Rate (ADR) improved by 17% to ₹12,207.00
• Revenue Per Available Room (RevPAR) increased by 9.6% to ₹8,059.00

Real Estate Segment

The company's real estate segment saw significant traction:

• Recognized revenue of ₹4,391.00 million from its residential project in Bengaluru
• Handed over 95 units at The Vivarea, Koramangala, Bengaluru

Rental and Annuity Business

The rental and annuity business also showed strong growth:

• Revenue more than doubled, increasing by 106% to ₹732.00 million
• EBITDA from this segment grew by 130% to ₹608.00 million

Operational Updates

Chalet Hotels continued to expand its portfolio and enhance its offerings:

• Added 121 rooms at Bengaluru Marriott Hotel Whitefield
• Operationalized 44 rooms and a banquet at The Dukes Retreat, Khandala
• Achieved a total operational inventory of 3,351 keys across 11 hotels

Corporate Developments

The company announced key management changes:

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

Recognition

Chalet Hotels maintained its position as an employer of choice:

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

Commenting on the results, Dr. Sanjay Sethi, Managing Director & CEO of Chalet Hotels, said, "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 expanding its portfolio, diversifying revenue streams, and maintaining operational excellence has contributed to its strong performance in Q1 FY26. With a robust pipeline of projects and a clear succession plan in place, Chalet Hotels appears well-positioned for continued growth in the coming quarters.

Chalet Hotels Limited , a leading hospitality company, has reported robust financial results for the first quarter of fiscal year 2026, ending June 30, 2025. The company also announced a significant leadership transition, with a new CEO set to take the helm in early 2026.

Financial Highlights

Chalet Hotels demonstrated impressive growth in Q1 FY26:

• Consolidated revenue from operations surged to ₹8,945.51 crore, a substantial increase from the previous year.
• Profit for the period reached ₹2,031.28 crore, reflecting strong bottom-line performance.
• EBITDA stood at ₹3,710.65 crore, indicating solid operational efficiency.

The company's performance was bolstered by a significant contribution from its residential project in Bengaluru, which generated revenue of ₹4,391.17 crore during the quarter.

Segment Performance

The hospitality segment showed resilience with an 18% year-over-year revenue growth and a 20% increase in EBITDA. The rental and annuity business demonstrated strong growth, with revenue more than doubling compared to the same quarter last year.

Operational Updates

• The company added 121 rooms at the Bengaluru Marriott Hotel Whitefield.
• The Dukes Retreat in Khandala operationalized 44 new rooms and a banquet hall, bringing its total inventory to 117 keys.
• Chalet Hotels handed over 95 units at its residential project, The Vivarea, in Koramangala, Bengaluru.

Leadership Transition

In a significant announcement, Chalet Hotels revealed its succession plan for the top leadership position. Dr. Sanjay Sethi, the current Managing Director & CEO, will be stepping down from his executive role on January 31, 2026. The Board of Directors has approved the appointment of Mr. Shwetank Singh as the Managing Director & CEO Designate, who will assume the role of Managing Director & CEO effective February 1, 2026.

Dr. Sethi will continue his association with the company as a Non-Executive, Non-Independent Director from February 1, 2026, ensuring a smooth transition of leadership.

Other Developments

• The company repaid ₹400 crore of Non-Cumulative Non-Convertible Redeemable Preference Shares during the quarter, reducing the outstanding amount to ₹1,600 crore.
• Chalet Hotels maintained its position in the Great Place to Work® rankings, securing the 11th rank and receiving the recognition for the 6th consecutive year.

Dr. Sanjay Sethi, outgoing 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."

As Chalet Hotels continues to expand its portfolio and strengthen its market position, the company appears well-positioned for future growth under its new leadership.