Image Source : CNBC TV18
Luxury hospitality firm Schloss Bangalore Ltd has reported a consolidated net profit of ₹87.7 million for the June quarter of FY26, supported by steady operational performance and improved cost metrics. Revenue from operations stood at ₹2.75 billion, reflecting resilience in the premium hotel segment despite macroeconomic headwinds.
Key Highlights From The Quarterly Results
- The company’s operating profit margin remained robust at 46 percent, driven by strong room occupancy and food and beverage revenues across its owned and managed properties.
- Schloss Bangalore’s portfolio includes 13 operational hotels under The Leela brand, with expansion plans underway in Ayodhya, Ranthambore, and Sikkim.
- The June quarter saw a 10 percent year-on-year increase in consolidated revenue, aided by higher average room rates and increased banqueting activity.
- Net profit of ₹87.7 million marks a turnaround from previous quarters, where losses were reported due to elevated finance costs and depreciation.
Strategic Developments And Market Position
- CRISIL recently upgraded Schloss Bangalore’s long-term bank facility rating to AA/Stable, citing improved financial discipline and brand strength.
- The company continues to operate under a hybrid model, combining direct ownership with asset-light management contracts to optimize returns.
- Promoter holding remains strong at 75.91 percent, with institutional interest gradually rising.
Investor Takeaway
Schloss Bangalore’s Q1 performance signals a return to profitability and operational stability, reinforcing its position as a leading player in India’s luxury hospitality landscape.
Sources: Screener.in, Trendlyne, Moneycontrol, Schloss Bangalore Investor Portal.
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