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    HomeNewsBusinessLemon Tree Hotels: Will the stock continue its upward journey?

    Lemon Tree Hotels: Will the stock continue its upward journey?

    With strong earnings growth, favourable industry dynamics as well as attractive valuations, the stock would continue to re-rate

    Bharat Gianani
    August 05, 2022 / 10:23 IST
    Lemon Tree Hotels: Lemon Tree Hotels reports Q1 profit at Rs 13.57 crore against loss. Revenue grows 356% YoY to Rs 192 crore. The hotel chain operator has recorded consolidated profit at Rs 13.57 crore in Q1FY23, against loss of Rs 59.8 crore in year-ago period. Earnings in Q1FY13 were affected by second Covid wave. Revenue grew by 356% YoY to Rs 192 crore for the quarter.
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