Lemon Tree Hotels has reported results for fourth quarter (Q4) and year ended March 31, 2024.
The company has reported 18.30% rise in its net profit at Rs 35.36 crore for the quarter under review as compared to Rs 29.89 crore for the same quarter in the previous year. Total income of the company increased by 13.41% at Rs 108.49 crore for Q4FY24 as compared Rs 95.66 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 42.31% rise in its net profit at Rs 83.99 crore for fourth quarter ended March 31, 2024 as compared to Rs 59.02 crore for the same quarter in the previous year. Total income of the company increased by 30.01% at Rs 331.17 crore for Q4FY24 as compared Rs 254.73 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the company has reported 23.12% rise in its net profit at Rs 96.93 crore as compared to Rs 78.73 crore for the previous year. Total income of the company increased by 18.53% at Rs 368.79 crore for year under review as compared to Rs 311.14 crore for year ended March 31, 2023.
For the year ended March 31, 2024, on the consolidated basis, the company has reported 29.29% rise in its net profit at Rs 181.71 crore as compared to Rs 140.54 crore for the previous year. Total income of the company increased by 22.56% at Rs 1076.76 crore for year under review as compared to Rs 878.57 crore for year ended March 31, 2023.
