Lemon Tree Hotels has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported 42.82% rise in net profit at Rs 33.82 crore for the third quarter ended December 31, 2023 as compared to Rs 23.68 crore for the same quarter in the previous year. Total income of the company increased by 30.67% at Rs 106.98 crore for Q3FY24 as compared Rs 81.87 crore for corresponding quarter of the previous year.
On consolidated basis, the company reported 9.88% fall in its net profit at Rs 43.79 crore for Q3FY24 as compared to Rs 48.59 crore for the same quarter in the previous year. However, total income of the company increased by 24.25% at Rs 290.87 crore for Q3FY24 as compared Rs 234.11 crore for corresponding quarter of the previous year.
