5444082026-04-012026-06-305444082026-04-012026-06-30in-capmkt:OtherExpenses1Member5444082026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15444082026-04-012026-06-30ItemsThatWillBeReclassifiedToProfitAndLoss15444082026-04-012026-06-30AuditorDomain1iso4217:INRiso4217:INRxbrli:shares544408THELEELANOTLISTEDINE0AQ201015LEELA PALACES HOTELS & RESORTS LIMITEDMain BoardEquity2026-04-012027-03-312026-07-312026-07-28INRMillionsQuarterlyFirst quarterSingle segmentHOTELIERING2026-07-3112:27:002026-07-3113:30:00Declaration of unmodified opinion2026-04-012026-06-30UnauditedConsolidated3519560000854500003605010000273780000008654000003930300003266800009465600002805450000799560000079956000014969000061700001558600000643700000000-1561500004875500004990000492540000487960000-410000492950000-4100003339580000101.461.46001.461.46Notes: <br /> 1. The above consolidated financial results for the quarter ended June 30, 2026 ("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') (the 'Company'), its subsidiaries ('the Group'), its joint ventures and an associate in their meeting held on July 31, 2026. The results have been reviewed by the Statutory Auditors of the Group. <br /> <br /> 2. The consolidated financial results for the quarter ended June 30, 2026 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 corresponding quarter ended June 30, 2025, the Company 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 June 30, 2026: <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 borrowings (23,000.00) <br /> Amount utilised for general corporate purposes (644.02) <br /> Balance proceeds - <br /> <br /> 5. Disclosure of segment-wise information is not applicable, as hoteliering is the Group's only business segment. <br /> <br /> 6. In view of the seasonality of the sector, the financial results for the quarters are not indicative of the full year's performance. <br /> <br /> 7. 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 had restructured the compensation of its employees, and assessed the impact of the changes, consistent with the Labour codes, FAQs 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 had presented such incremental impact under Exceptional Items amounting to Rs. 64.00 millions in the consolidated financial results for the previous year ended March 31, 2026. 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 /> 8. During the previous quarter ended March 31, 2026, Leela Luxe Hotels & Resorts Private Limited, a wholly owned subsidiary of the Group acquired a resort at Coorg for a consideration of Rs. 5,591.72 millions. The transaction has been accounted for as an asset acquisition in accordance with applicable Ind AS. The consideration has been allocated to identifiable assets based on their relative fair values as at the acquisition date. <br /> <br /> 9. The consolidated financial results for the previous quarter ended March 31, 2026 are the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the previous financial year.Other Expenses946560000Remeasurements of defined benefit plans629000062900001410000Currency transaltion difference (net)11000011000004990000UnauditedtrueB S R & CO. LLPtrue2028-07-31