Shares of Schloss Bangalore Ltd, the operator of luxury hotels and resorts under The Leela brand, rose nearly 3% on Tuesday morning following the company’s robust Q1 FY26 earnings. The stock was trading at ₹461.40 on NSE, up 2.62% from the previous close of ₹449.60.
The company reported a consolidated net profit of ₹8.77 crore for the quarter ended June 2025, reversing a loss of ₹75 crore recorded in the same period last year. Revenue from operations rose over 20% year-on-year to ₹275 crore compared to ₹228 crore in Q1 FY25.
This was Schloss Bangalore’s first quarterly report since its market debut on June 3, where it listed at a 6.67% discount to its IPO price at ₹406 apiece. Despite a brief dip post-results, the stock is now trading nearly 11% higher than its listing price.
Anuraag Bhatnagar, CEO of Schloss Bangalore, 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 travel market and the demand for The Leela’s distinctive experiential offerings.”
He also highlighted the company’s ambitious growth pipeline with eight hotels under development, including a landmark project in Mumbai’s BKC with a 250-key ultra-luxury hotel and high-end serviced apartments.
