Schloss Bangalore Reports Strong Q1 FY26 Results with 25% Revenue Growth and Positive PAT 2 days ago
Schloss Bangalore Limited, operator of The Leela Palaces Hotels and Resorts, reported impressive Q1 FY26 results. Total income increased 25% year-on-year to INR 301.00 crores, while EBITDA grew 63% to INR 128.00 crores. The company turned profitable with a PAT of INR 8.70 crores. RevPAR rose 20% driven by occupancy and ADR improvements. Schloss Bangalore signed an agreement for expansion in Mumbai's BKC and aims to reach INR 2,000.00 crores EBITDA by FY30. The company launched ARQ, an invite-only membership club, and acquired land in Udaipur for expansion.
Schloss Bangalore Invests ₹67.5 Crores in BKC Luxury Project Joint Venture 6 days ago
Schloss Bangalore Limited Reports Best-Ever Q1 Performance with 25% Revenue Growth 9 days ago
Schloss Invests ₹10.52 Billion in Bangalore and Chennai Properties Jun 05, 2025
Schloss Bangalore Consortium Secures Prime BKC Plot for ₹1,302 Crore Jun 04, 2025
More news about Schloss Bangalore
03Jun 25
Schloss Bangalore Consortium Secures Prime BKC Plot for ₹1,302 Crore
A consortium led by Schloss Bangalore has acquired an 80-year lease for a prime commercial plot in Mumbai's Bandra Kurla Complex (BKC) for ₹1,302 crore. The deal with the Mumbai Metropolitan Region Development Authority (MMRDA) involves plans for a mixed-use project including a luxury hotel. This acquisition in the sought-after business district demonstrates long-term commitment and could set benchmarks for future developments in the area.
03Jun 25
Schloss Bangalore Secures Prime BKC Plot for Rs 1,302 Crore, Plans Luxury Hotel
Schloss Bangalore Ltd. has acquired an 80-year lease for an 8,411.88 square metre commercial plot in Mumbai's Bandra Kurla Complex for Rs 1,302.00 crore. The company plans to develop a 250-key luxury hotel and mixed-use projects on the site. This acquisition comes a day after the company's stock market debut, where it listed below its IPO price.
02Jun 25
Hong Kong's Ward Ferry Management Acquires Rs 73 Crore Stake in Schloss Bangalore on Debut
Schloss Bangalore Ltd. made its stock market debut, closing at Rs 435.55 on the NSE, a 6.85% gain from its IPO price despite opening at a discount. Ward Ferry Management, through its WF Asian Reconnaissance Fund, purchased 17 lakh shares at Rs 434.13 each, totaling an investment of approximately Rs 73.00 crore on the listing day.