Lemon Tree Hotels has reported results for first quarter ended June 30, 2018.
The company has reported a rise of 61.04% in its net profit of Rs 4.96 crore for the quarter under review as compared to Rs 3.08 crore for the same quarter in the previous year. Total income of the company increased by 13.90% at Rs 63.67 crore for Q1FY19 as compared Rs 55.90 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a net profit of Rs 2.29 crore for the quarter under review as compared to net loss of Rs 2.37 crore for the same quarter in the previous year. Total income of the company increased by 18.03% at Rs 128.07 crore for Q1FY19 as compared Rs 108.51 crore for the corresponding quarter previous year.
