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India's Leela Palaces Hotels & Resorts jumps on strong quarterly revenue, profit

By Reuters News23 hours ago Updated

** Shares of India's Leela Palaces Hotels & Resorts LEEA.NS rise as much as 2.2% to 614.70 rupees

** Hospitality co says September quarter consolidated revenue rose to 4.12 billion rupees ($43.37 million) from 3.11 billion rupees a year ago
** Consolidated net profit rose about 27% to 945.9 million rupees from 747.2 million rupees in the same quarter last year

** Stock rated "strong buy" on avg by 19 analysts, with median PT of 620 rupees - data compiled by LSEG

** Stock up 37.47% YTD

($1 = 95.0000 Indian rupees)

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