The Leela’s Q1 profit rises 5.6x to ₹48.7 crore; Tadoba resort planned for 2030
The Leela Palaces, Hotels and Resorts posted Q1 FY27 operating revenue of ₹352 crore, up 28% year on year, while EBITDA climbed 41% to ₹143 crore. The company has also signed a 30-key Tadoba Tiger Reserve resort concession in Maharashtra, involving ₹120 crore in capex.
What happened
The Leela Palaces, Hotels and Resorts · The Leela reported Q1 FY27 net profit of ₹48.7 crore as revenue rose 28% and EBITDA increased 41%. It also signed a
Key facts
- Q1 FY27 consolidated net profit: ₹48.7 crore
- Q1 FY26 consolidated net profit: ₹8.7 crore
- Operating revenue: ₹352 crore, up 28%
- Room rates increased 10%
- EBITDA: ₹143 crore, up 41% year-on-year
- Tadoba resort capital expenditure: ₹120 crore
- Wildlife resort concession: 30 keys
Why this matters
The 30-key Tadoba Tiger Reserve concession gives The Leela a differentiated luxury-wildlife foothold in Maharashtra, though its 2030 opening makes it a long-dated growth bet.
What to watch
- Quarterly occupancy, ADR, RevPAR and EBITDA-margin trends versus the 28% revenue and 41% EBITDA growth rates.
- Whether profit growth remains supported by operating performance rather than one-off or non-operating items.
- Tadoba concession approvals, land/environment clearances, construction timetable and capex revisions.
- Luxury domestic travel demand, inbound foreign arrivals and corporate/events bookings.
- Competitive luxury-hotel supply additions in key Leela markets and wildlife destinations.
- Prioritize pricing, suite upgrades and curated experiences to convert demand into sustained ADR and EBITDA gains.
- Phase Tadoba capex against concession milestones, environmental approvals and demand validation.
- Use the stronger profit base to evaluate additional management contracts or low-capital luxury resort partnerships.
- Build wildlife, wellness and international-tourist distribution packages ahead of the Tadoba launch window.