Leela Palaces Hotels & Resorts Limited has informed the Exchange regarding Change in Auditors of the company.
THELEELA · price
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Leela Palaces Hotels & Resorts Limited reported strong audited financial results for Q4 and FY2026 ended March 31, 2026. Standalone net profit jumped to Rs 2,757.91 million for FY26 versus Rs 342.35 million in FY25. Consolidated revenue from operations grew to Rs 15,272.90 million (up 17% YoY) with consolidated net profit of Rs 4,030.33 million versus Rs 476.58 million in FY25. Basic EPS on consolidated basis improved significantly to Rs 12.43 from Rs 1.97. The Board also approved investment in BPBKC Properties Private Limited and appointed PricewaterhouseCoopers Services LLP as Internal Auditor for FY2026-27. BSR & Co. LLP continues as Statutory Auditor with unmodified opinion. The company listed on exchanges in June 2025 via IPO.
Strong financial performance showing significant profit recovery, indicating operational improvement and likely positive sentiment for investors. The appointment of a Big Four firm (PwC) as internal auditor may signal enhanced governance standards.