5444082025-10-012025-12-315444082025-04-012025-12-315444082025-10-012025-12-31in-capmkt:OtherExpenses1Member5444082025-04-012025-12-31in-capmkt:OtherExpenses1Member5444082025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15444082025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15444082025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss15444082025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss15444082025-10-012025-12-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares544408THELEELANOTLISTEDINE0AQ201015Leela Palaces Hotels & Resorts LimitedMain BoardEquity2025-04-012026-03-312026-01-162026-01-12INRMillionsQuarterlyThird quarterSingle segmentHoteliering2026-01-1612:50:002026-01-1613:30:00Declaration of unmodified opinion2025-10-012025-12-31UnauditedConsolidated4574310000134240000470855000031160000000784210000394450000293910000110023000028844000001824150000-64000000176015000014124000011519000025643000001503720000000-2487000014788500006701000015458600001478810000400001545820000400003339580000104.544.54004.544.54Notes: <BR> 1. The above consolidated financial results for the quarter and nine months ended December 31, 2025 ("the Statement") which are published in accordance with Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, have been reviewed by the Audit Committee and approved by the Board of Directors of Leela Palaces Hotels & Resorts Limited (formerly known as 'Schloss Bangalore Limited') (formerly known as 'Schloss Bangalore Private Limited') (the 'Company'), its subsidiaries ('the Group'), its joint ventures and associates in their meeting held on January 16, 2026. The results have been reviewed by the Statutory Auditors of the Group. <BR> <BR> 2. The consolidated financial results for the quarter and nine months ended December 31, 2025 are available on the websites of the BSE Limited (URL: www.bseindia.com), the National Stock Exchange of India Limited (URL: www.nseindia.com) and the Company (URL: www.theleela.com). <BR> <BR> 3. These consolidated financial results have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards ("Ind AS") prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India. <BR> <BR> 4. During the quarter ended June 30, 2025, the Company has completed its Initial Public Offer ("IPO") of 80,459,769 equity shares of face value of Rs. 10/- each comprising of (i) fresh issue of 57,471,264 equity shares at an issue price of Rs. 435 per equity share; (ii) an offer for sale of 22,988,505 equity shares at an issue price of Rs. 435 per equity share. The equity shares of the Company were listed on BSE Limited and National Stock Exchange of India Limited on June 02, 2025. <BR> <BR> Details of utilisation of proceeds from fresh issue are as follows as on December 31, 2025: <BR> Particulars Cost (as per offer document) <BR> Gross Proceeds from the issue 25,000.00 <BR> Less: Issue related expenses (proportionate to Company's share) (1,355.98) <BR> Net proceeds 23,644.02 <BR> Amount utilised for repayment of borrrowings (23,000.00) <BR> Net amount to be utilised for general corporate purposes 644.02 <BR> <BR> 5. Disclosure of segment-wise information is not applicable, as hoteliering is the Company's only business segment. <BR> <BR> 6. In view of the seasonality of the sector, the financial results for the quarter and nine months are not indicative of the full year's expected performance. <BR> <BR> 7. During the nine months ended December 31, 2025, there has been a change in the operational use of investment property to generate core business income, in accordance with the principles laid out in Ind AS 16. <BR> <BR> 8. On November 21, 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Group has assessed and disclosed the incremental impact of these changes on the best information available and consistent with the guidance provided by the Institute of Chartered Accountants of India. <BR> <BR> Considering the regulatory-driven and non-recurring nature of this impact, the Group has presented such incremental impact under Exceptional Items amounting to Rs. 64.00 millions in the consolidated financial results for the quarter and nine months ended December 31, 2025. The Group continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed. <BR> <BR> 9. The share of net loss of joint ventures and associate accounted for using equity method for the quarter and nine months ended December 31, 2025 includes share of profit of Rs. 8.73 millions from investment made of 25% in Sofitel the Palm FZE, Dubai of Rs. 4,202.37 millions through a wholly owned subsidiary. <BR> <BR> 10. Attention is drawn to the fact that the figures for the corresponding quarter and nine months ended December 31, 2024 as reported in these unaudited consolidated financial results have been approved by the Company's Board of Directors but have not been subjected to review since the requirement of submission of quarterly consolidated financial results is applicable on listing of equity shares of the Company, which was from the quarter ended June 30, 2025. <BR> 2025-04-012025-12-31UnauditedConsolidated10428700000627610000110563100007475700000022411400001635360000827500000266807000081196400002936670000-64000000287267000012609000038540000051149000002361180000000-4809000023130900006627000023793600002313640000-5500002379910000-5500003339580000107.197.19007.197.19Other expenses1100230000Other expenses2668070000Remeasurements of defined benefit plans-3990000-3990000Remeasurements of defined benefit plans-4760000-4760000-1900000-1930000Currency translation difference (net)6910000069100000Currency translation difference (net)6910000069100000006701000066270000UnauditedtrueB S R & Co. LLPtrue2028-07-31