Chalet Hotels Limited has informed the Exchange regarding a press release dated July 31, 2025, titled "CHALET HOTELS LIMITED REPORTS Q1 FY26 RESULTS".
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Chalet Hotels reported a strong Q1 FY26 with total revenue of INR 9.1 bn, up 146% year-on-year, driven by the new residential project (INR 4.4 bn revenue) and 27% growth in the core hospitality business. Total EBITDA rose 150% YoY to INR 3.7 bn and profit after tax tripled to INR 2 bn, though the prior-year PAT was suppressed by a one-time deferred tax reversal. In the hospitality segment, average room rates climbed 17% to INR 12,207 and RevPAR grew 10%, even though occupancy dipped to 66%. The company added 121 rooms at Marriott Whitefield and 44 renovated keys at The Dukes Retreat, with several more projects in the pipeline. The board also announced a leadership change, with Shwetank Singh set to take over as MD & CEO from February 1, 2026, replacing Dr. Sanjay Sethi.
Sharp jump in revenue and profits is largely supported by the one-off recognition of the Koramangala residential project, so the headline growth rates flatter the underlying hospitality performance, which remains steady with mid-teens ARR growth. Investors will also weigh the smooth, well-signalled CEO succession and the expanding room pipeline as positives for long-term visibility.