Chalet Hotels names Shwetank Singh as next MD & CEO

Q1 Impact: Niva Bupa shares decline up to 6% on weak June earnings; Chalet Hotels, Radico Khaitan rise up to 8%

Chalet Hotels names Shwetank Singh as next MD & CEO

Chalet's projects under construction include The Taj at Delhi Airport, Varca Beachfront Resort in Goa, and a second commercial tower at Powai’s The Westin complex. It reported a strong first-quarter performance for FY26, with net profit surging 235% to ₹203.1 crore.

Chalet Hotels Names Shwetank Singh CEO As Sanjay Sethi Steps Down

Skift Take: Sanjay Sethi's decision to step down as the CEO and MD after a decade points to a possible change in the way the company operates as it faces stiff competition in an intense industry landscape.Read the Complete Story On Skift

Chalet Hotels shares rally 8% after Q1 net profit surges 236% YoY

Chalet Hotels posted a 236% YoY jump in Q1 net profit to Rs 203.1 crore, driven by higher revenue from its Koramangala residential project and strong hotel operations. Operational revenue rose to Rs 894.5 crore, supported by project completions and rising room inventory.