Leela Palaces Hotels & Resorts reported a 11% year-on-year revenue increase to Rs 333.4 crore in Q2, with profit after tax at Rs 75 crore. The luxury chain achieved its fourth consecutive quarter of profitability, driven by a 13% growth in revenue per available room. Leela also announced its international expansion into Dubai’s Palm Jumeirah.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets