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Lemon Tree Hotels’ consolidated net loss narrows to Rs 21 crore in Q2

22 Oct 2021 Evaluate

Lemon Tree Hotels has reported results for second quarter ended September 30, 2021.

The company has reported net loss at Rs 3.59 crore for the quarter under review as compared to net loss of Rs 8.45 crore for the same quarter in the previous year. However, total income of the company increased by 77.38% at Rs 33.40 crore for Q2FY22 as compared Rs 18.83 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss for the period attributable to equity holders of the company at Rs 20.82 crore for the quarter under review as against net loss of Rs 37.13 crore for the same quarter in the previous year. However, total income of the company increased by 84.33% at Rs 98.82 crore for Q2FY22 as compared Rs 53.61 crore for the corresponding quarter previous year.


Peers
Company Name CMP
The Indian Hotels Co 888.25
ITC Hotels 174.45
Mahindra Holi.&Resor 197.05
EIH 311.35
Chalet Hotels 809.80
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