Leela Palaces Hotels & Resorts has announced robust financial results for the third quarter, showcasing significant improvement across all key financial metrics. The luxury hospitality company reported substantial growth in revenue, net profit, and EBITDA, reflecting strong operational execution and business recovery in the competitive hospitality sector.

Comprehensive Financial Performance

The company's consolidated financial results for the third quarter demonstrate exceptional growth across key performance metrics, with notable improvements in revenue generation, profitability, and operational earnings.

Strong Revenue and Profit Growth

The company achieved consolidated revenue of ₹4.60 billion in the third quarter, representing a solid 24.3% year-on-year increase from ₹3.70 billion reported in the corresponding quarter of the previous year. This revenue growth of ₹900 million demonstrates the company's ability to capture market demand and expand its business operations effectively.

Consolidated net profit reached ₹1.48 billion, marking a remarkable 162% year-on-year increase from ₹565.00 million in the previous year. This substantial profit growth of over ₹915 million showcases exceptional operational efficiency and the company's ability to convert revenue growth into bottom-line performance.

Enhanced EBITDA Performance and Margin Expansion

EBITDA performance showed strong growth, reaching ₹2.38 billion compared to ₹1.87 billion in the previous year, marking a robust 27.3% year-on-year increase. The EBITDA margin improved to 52.00% from 50.46% in the corresponding quarter of the previous year, indicating enhanced operational efficiency and better cost management.

The positive operational metrics present an encouraging picture of the company's performance. The absolute EBITDA growth of ₹510 million demonstrates increased operational earnings, while the margin expansion of 1.54 percentage points suggests improved operational efficiency and effective cost control measures during the quarter.

Business Outlook

The strong financial performance across revenue, profitability, and operational metrics positions Leela Palaces Hotels & Resorts favorably within the hospitality sector. The combination of robust revenue growth, substantial profit expansion, and improved EBITDA performance with margin enhancement showcases operational resilience and the company's ability to deliver consistent growth and value creation for stakeholders in the luxury hospitality segment.

Leela Palaces Hotels & Resorts Limited has disclosed receiving four appellate orders from tax authorities regarding input tax credit matters. The company made this disclosure under Regulation 30 of SEBI listing regulations on January 13, 2026.

Tax Authority Orders

The orders were issued by the Joint Commissioner of Commercial Taxes (Appeals-5), Bengaluru, with the company receiving them on January 12, 2026. The appeals were partly allowed by the tax authority.

Nature of Tax Matter

The orders relate to allegations of availment of ineligible or blocked Input Tax Credit by the company. This involves claims that the company may have utilized tax credits that were not permissible under applicable tax regulations.

Financial Impact Assessment

The company has assessed that these orders do not have any material impact on its financial position, operations, or business activities. This indicates that the monetary implications, if any, are not significant enough to affect the company's overall financial standing.

Company Response

Leela Palaces Hotels & Resorts is currently in the process of evaluating further appellate remedies available to address these tax orders. This suggests the company may consider challenging the orders at higher judicial or administrative levels if deemed appropriate.

The disclosure was made in compliance with SEBI listing regulations and the company's transparency obligations to shareholders and stock exchanges. The information has been made available on the company's investor website for stakeholder access.