Chalet Hotels Limited announces its results for the first quarter of FY26

Chalet Hotels Limited announces its results for the first quarter of the fiscal year 2026 ending June 30, 2025.

Key Highlights for Q1FY26:

• The core business i.e. excluding residential
• 7% YoY room inventory growth led by the successful project expansions.
• 95 flats handed over to flat owners at the residential project at Koramangala Bengaluru
• Certified as a Great Place To Work in India, 6th time in a row.

Speaking on the financial results, Dr. Sanjay Sethi, MD & CEO, Chalet Hotels Limited, “Despite the geopolitical headwinds across India and West Asia, we’ve once again delivered a strong quarterly performance — a reflection of our team’s unwavering commitment to disciplined execution, guest-centricity, and long-term value creation. I’m immensely proud of how Chalet Hotels continues to demonstrate both resilience and purpose in an ever-evolving environment.

Over the past two years, the company has been thoughtfully preparing for the future of leadership at Chalet. In alignment with a well-crafted succession plan developed in collaboration with the Board, I had communicated my intent not to seek an extension of my current term, which concludes on January 31, 2026. It gives me great pleasure to share that Shwetank Singh will take over as Managing Director & CEO effective February 1, 2026.

Revenue stood at INR 4.7 bn, 27% higher than Q1 FY25
EBITDA stood at INR 2.1 bn, 37% higher than Q1 FY25
EBITDA margins expanded by 3.3 % to 44.4%.

This transition is the outcome of a meticulous and collaborative process aimed at preserving our strategic direction while infusing fresh perspective and energy. I look forward to working closely with Shwetank over the coming months to ensure a seamless handover and continued momentum for the organisation and its people.”