- Leisure Tourism Waterways shares surged nearly 10% in trade.
- The company reported Rs 58.5 crore consolidated net profit in Q2
- Profitability in the current fiscal year drove a significant stock rally.
Shares of Leisure Tourism Waterways Ltd, the operator of Cordelia Cruises, skyrocketed nearly 10 per cent during the intraday trade on Monday, October 12, despite massive volatility in the domestic stock market after the company turned profitable in the second quarter of the current fiscal year, reporting a consolidated net profit of Rs 58.5 crore. The stock opened with a huge gap up at Rs 107.05, up 6.15 per cent from the previous close of Rs 100.85 on the BSE.
Meanwhile, amid a surge in trading volume, Cordelia Cruises shares escalated the gaining momentum further to lock in an upper circuit, hitting an intraday high at Rs 110.90 — up 10 per cent from the last closing. At the time of writing, the company's shares were trading at Rs 104.70, up 3.82 per cent or Rs 3.85.
Strong Q2 Results: Key Drivers Behind Today’s Rally
Metric | Details |
|---|---|
Net Profit / Loss | Consolidated net profit of Rs 58.5 crore in Q2FY27 (vs. net loss of Rs 8.9 crore in Q2FY26). |
Revenue | Rose 30.4% YoY to Rs 133 crore in the September quarter (vs. Rs 102 crore last year). |
EBITDA | Rs 9.4 crore (vs. loss of Rs 5.9 crore a year ago). |
EBITDA Margin | 7.1 per cent. |
Total Assets | Increased to Rs 1,348.43 crore (as of September 2026) from Rs 341.78 crore (end of March 2026). |
Total Equity | Increased from Rs 80.20 crore to Rs 727.34 crore. |
Long-term Financial Assets | Increased from Rs 13 crore to Rs 434.81 crore. |
New Ship To Be Added
In addition to adding new ships to its fleet, the company also announced that it is strengthening its presence in western and southern India. With it will be able to serve two different homeports simultaneously.
The new ship 'Cordelia Sky ' will be added to the fleet. The company said that with this, it is starting its next phase of expansion, which will further expand its fleet, enable it to accommodate more guests, expand its destination network and offer a wider range of onboard experiences.
Disclaimer: This story is for informational purposes only. It should not be considered investment advice. Please seek advice from an expert before investing.