coin-img-BTCBTC-3.06%coin-img-SOLSOL-1.87%coin-img-USDCUSDC-0.02%coin-img-XRPXRP-2.38%coin-img-UBOXUBOX-28.61%coin-img-HYPEHYPE-2.48%coin-img-ULTIMAULTIMA-0.55%coin-img-ETHETH-2.86%coin-img-BTCBTC-3.06%coin-img-SOLSOL-1.87%coin-img-USDCUSDC-0.02%coin-img-XRPXRP-2.38%coin-img-UBOXUBOX-28.61%coin-img-HYPEHYPE-2.48%coin-img-ULTIMAULTIMA-0.55%coin-img-ETHETH-2.86%coin-img-BTCBTC-3.06%coin-img-SOLSOL-1.87%coin-img-USDCUSDC-0.02%coin-img-XRPXRP-2.38%coin-img-UBOXUBOX-28.61%coin-img-HYPEHYPE-2.48%coin-img-ULTIMAULTIMA-0.55%coin-img-ETHETH-2.86%coin-img-BTCBTC-3.06%coin-img-SOLSOL-1.87%coin-img-USDCUSDC-0.02%coin-img-XRPXRP-2.38%coin-img-UBOXUBOX-28.61%coin-img-HYPEHYPE-2.48%coin-img-ULTIMAULTIMA-0.55%coin-img-ETHETH-2.86%
user-avatar
The Economic Times

Leela Palaces posts Q1 operating revenue of Rs 352 crore, net profit at Rs 48.8 crore

AI Market Summary
Leela's Q1 results show strong demand and operating leverage: revenue up 28% YoY, EBITDA up 41%, and profit more than fivefold, supported by higher ADRs and resilient domestic leisure and MICE travel. Portfolio expansion (new Tadoba wildlife resort concession) reinforces growth visibility, though completion is long-dated. Market impact is likely localized to India luxury hospitality comparables rather than broad cross-asset pricing.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-1.58%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Leela Palaces Hotels & Resorts reported operating revenue of Rs 352 crore in the first quarter of the current fiscal, up 28% year on year. Net profit rose more than fivefold to Rs 48.8 crore over the same period. The chain said RevPAR increased 17% and operating EBITDA climbed 41%, supported by strength in average daily rates and higher domestic leisure and MICE demand.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Stocks

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.