Leela Palaces Hotels & Resorts' consolidated net profit more than doubles to Rs 147.88 cr in Q3

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 earlier. Revenue from operations also saw strong growth, reaching Rs 457.43 crore. The company highlighted its best-ever quarterly performance. It also advanced its growth strategy by signing new management agreements.