SCHLOSS BANGALORE LIMITED DELIVERS ROBUST Q1 FY26 PERFORMANCE POST IPO
SCHLOSS BANGALORE LIMITED DELIVERS ROBUST Q1 FY26 PERFORMANCE POST IPO Operator of The Leela Palaces, Hotels and Resorts sees total revenue up 25% to ₹ 3,013 million, EBITDA surges 63% to ₹ 1,280 million, RevPAR records 20% year-on-year growth Schloss Bangalore Limited, India’s only listed company focused on the luxury hotel segment operating under “The Leela” brand, announced its financial and operational results for the quarter ending June 30, 2025 (Q1 FY26). Marking a strong debut as a publicly listed company, The Leela delivered its best-ever first-quarter performance. Commenting on the results, Mr. Anuraag Bhatnagar, Chief Executive Officer, said: "We are pleased to report a record first-quarter performance. Total revenue grew 25% to ₹3,013 million, and EBITDA rose 63% to ₹1,280 million, supported by a 20% year-on-year RevPAR increase, with market share gains that outpaced the luxury hospitality sector. The performance underscores the strength of India’s luxury tr...