Mumbai, India — April 28, 2026
Luxury hospitality chain HLV Limited, which operates The Leela Palaces, Hotels and Resorts, reported a strong set of earnings for the fourth quarter of fiscal year 2025–26, with net profit rising 46% year-on-year to ₹172 crore.
The robust performance reflects a continued surge in India’s hospitality sector, driven by strong demand from both business and leisure travelers.
Revenue Growth Driven by Higher Occupancy
The company reported a solid increase in revenue from operations, rising approximately 18–20% during the quarter. Growth was fueled by higher average room rates (ARR) and improved occupancy levels across key properties.
Industry trends indicate that premium hotel segments are benefiting significantly from the ongoing travel and tourism boom.
Margins and EBITDA Strengthen
Operational efficiencies and better pricing power helped improve margins during the quarter. The company also posted strong EBITDA (earnings before interest, taxes, depreciation, and amortization), reinforcing investor confidence in its earnings trajectory.
Hotel Sector in Peak Cycle
The hospitality industry in India is currently witnessing one of its strongest phases in recent years. A sharp rebound in business travel, coupled with rising domestic and international tourism, has boosted demand for premium hotel services.
Market Reaction
Following the earnings announcement, shares of HLV Limited saw positive momentum, rising around 3–4%, reflecting optimism around the sector’s growth outlook and the company’s strong performance.
Outlook
With favorable demand trends and improving pricing power, analysts expect the hospitality sector to maintain momentum in the near term. For The Leela, sustaining occupancy levels and margin expansion will be key to continued growth.
