Lemon Tree Hotels Ltd is largest mid-priced and the third largest overall hotel chain in India. It operate in the upscale segment and in the mid-priced sector, consisting of the upper-midscale, midscale and economy segments. It delivers differentiated yet superior service offerings, with a value-for-money proposition.
Financial Results:
Lemon Tree Hotels Ltd reported Revenues for Q1FY24 of ₹222.00 Crores up from ₹192.00 Crore year on year, a rise of 15.62%.
Total Expenses for Q1FY24 of ₹189.00 Crores up from ₹171.00 Crores year on year, a rise of 10.53%.
Consolidated Net Profit of ₹28.00 Crores up 100.0% from ₹14.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.30, up 76.47% from ₹0.17 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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