Lemon Tree Hotels shares jump 4% after Q3 net profit rises 77% to Rs 62 crore

Lemon Tree Hotels

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26 Aug, 2025 12:21

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The shares of Lemon Tree Hotels jumped over 4 percent on February 5 after the company reported a 77 percent year-on-year rise in net profit for the quarter which ended on December 31, 2024. The shares of the company were trading at Rs 152.75, as seen at 10.15 am.

Lemon Tree Hotels released its results for the October-December quarter of the current financial year in the post-market hours of February 4. It reported a net profit of Rs 62.49 crore for Q3 FY25, marking a nearly 77 percent rise from the Rs 35.40 crore net profit reported in Q3 of previous financial year.

The company's revenue from operations rose 22 percent year-on-year to Rs 355.18 crore in Q3. It had reported revenue from operations at Rs 290.18 crore in the year-ago period. Lemon Tree's total income meanwhile rose to Rs 355.8 crore, its highest-ever third quarterly income this year.

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The company's EBITDA meanwhile rose 30 percent to stand at Rs 184.8 crore, while EBITDA margin rose by 316 bps to 51.9 percent.

As of December 31, 2024, the inventory for the group stands at 112 operational hotels with 10,317 rooms and a pipeline of 88 hotels with 6,068 rooms.

Lemon Tree Hotels Chairman and MD Patanjali Keswani said, "Going forward, we are confident in the company’s ability to sustain this growth in the coming quarters by focusing on the following growth levers: (A) Accelerated growth in our management and franchised portfolio, with a proportionate increase in fee-based income. (B) Timely completion of renovation activities in the owned portfolio to further improve Gross ARR and occupancy. Please note that the increased investment in renovation expenses will continue into FY26 until the entire portfolio of owned hotels has been fully renovated and refreshed. Post this, renovation expenses will be close to 1.8% of revenue on an ongoing basis. With demand growth expected to outpace supply in the next few years and increasing discretionary spending on branded hotels in India, our increased investment in renovation will allow us to position Lemon Tree as the preferred brand in the mid-market segment."

Along with the Q3 results, the company also announced that it has appointed Rashi Goel as the Company Secretary and Compliance Officer, following the resignation of Jyoti Verma.