Lemon Tree Accommodations Q2 Outcomes: Lemon Tree Accommodations Restricted introduced its July to September quarter outcomes on Thursday, November 11. The corporate recorded a 33 per cent rise in web income to ₹35 crore for the second quarter of the monetary 12 months 2024-25, in comparison with ₹26.38 crore in the identical quarter the earlier 12 months, in line with the corporate’s BSE submitting.
Lemon Tree Accommodations Ltd shares closed 2.7 per cent increased at ₹121.5 after Thursday’s buying and selling session, in comparison with ₹118.30 on the earlier market shut. The corporate introduced the outcomes for the second quarter after market working hours on Thursday.
The corporate’s income from core operations rose 24 per cent to ₹284.36 crore within the second quarter of the monetary 12 months 2024-25, in comparison with ₹229.39 crore in the identical quarter a 12 months in the past.
The corporate’s complete bills additionally rose 22.58 per cent to ₹153.62 crore for the July to September quarter, in contrast year-on-year with ₹125.32 crore. The explanation for the rise within the complete bills for the corporate was primarily resulting from a hike in spending by way of the worker advantages phase, the ability and gas phase, and different bills, in line with the BSE submitting.
About Lemon Tree Accommodations
Lemon Tree Accommodations Restricted is a mid-market lodge chain in India with greater than 160 resorts, which incorporates greater than 100 operational resorts and greater than 60 resorts set to open in India and internationally, in line with the corporate web site.
In line with the web site knowledge, the corporate operates its properties in cities like Delhi NCR, Mumbai, Kolkata, Bengaluru, Hyderabad, Chennai, Pune, Ahmedabad, Chandigarh, Jaipur, Indore, Aurangabad, Udaipur, Vishakhapatnam, Kochi, Ludhiana, Thiruvananthapuram, Vijayawada, and others.
Internationally, the corporate has resorts in Dubai and Bhutan. The corporate is ready to open different resorts in Nepal and Bhutan, as per the official web site.
