Leela Palaces Hotels & Resorts Q3 Results: Consolidated net profit more than doubles to Rs 148 crore

Leela Palaces Hotels & Resorts announced a significant profit increase for the third quarter. Net profit rose to Rs 147.88 crore from Rs 56.40 crore a year ago. Revenue from operations also saw a strong jump. The company noted an impact from new Labour Codes. This performance highlights the brand's luxury positioning and pricing power.