Lemon Tree Hotels Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- Lemon Tree Hotels Ltd reported a 24.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 22.3%.
- Its expenses for the quarter were up by 6.9% QoQ and 8.8% YoY.
- The net profit increased 127.9% QoQ and increased 82.3% YoY.
- The earnings per share (EPS) of Lemon Tree Hotels Ltd stood at 0.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 355.80 | 284.84 | 290.87 | 24.9% | 22.3% |
Total Expenses | 256.37 | 239.73 | 235.66 | 6.9% | 8.8% |
Profit Before Tax | 99.42 | 45.11 | 55.20 | 120.4% | 80.1% |
Tax | 19.66 | 10.23 | 11.75 | 92.2% | 67.3% |
Profit After Tax | 79.84 | 35.04 | 43.79 | 127.9% | 82.3% |
Earnings Per Share | 0.80 | 0.40 | 0.50 | 100.0% | 60.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Lemon Tree Hotels Ltd is a prominent player in the hospitality industry, primarily focused on the mid-priced hotel sector in India. The company is known for its chain of hotels that offer a range of accommodations, including upscale business and leisure hotels, and resorts. Lemon Tree Hotels has established a significant presence across major cities in India, catering to both domestic and international travelers. The company's strategic initiatives often involve expansion to increase its footprint in new and existing markets. However, specific recent developments for Lemon Tree Hotels are not detailed in the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Lemon Tree Hotels Ltd reported a total income of ₹355.80 crores. This represents a substantial quarter-over-quarter (QoQ) increase of 24.9% from ₹284.84 crores in the second quarter of FY25 (Q2FY25). Year-over-year (YoY), the revenue saw a growth of 22.3% compared to ₹290.87 crores reported in the third quarter of the previous fiscal year (Q3FY24). The significant rise in income over both the previous quarter and the same quarter last year highlights a positive trajectory in revenue generation for the company during this period.
Profitability
The profitability of Lemon Tree Hotels Ltd in Q3FY25 saw a marked improvement, with the profit before tax (PBT) reaching ₹99.42 crores. This marks an impressive increase of 120.4% QoQ from ₹45.11 crores in Q2FY25 and an 80.1% YoY increase from ₹55.20 crores in Q3FY24. Following the deduction of taxes amounting to ₹19.66 crores, the profit after tax (PAT) stood at ₹79.84 crores for Q3FY25. This PAT indicates a robust growth of 127.9% QoQ from ₹35.04 crores in Q2FY25 and an 82.3% YoY increase from ₹43.79 crores in Q3FY24. The earnings per share (EPS) for the quarter were ₹0.80, doubling from ₹0.40 in the previous quarter and a 60.0% increase from ₹0.50 in Q3FY24.
Operating Metrics
The total expenses for Lemon Tree Hotels Ltd in Q3FY25 amounted to ₹256.37 crores, reflecting a 6.9% increase QoQ from ₹239.73 crores in Q2FY25 and an 8.8% increase YoY from ₹235.66 crores in Q3FY24. Despite the rise in expenses, the company's profitability metrics have improved significantly, indicating effective management of operating costs relative to income growth. The tax expense for the quarter was ₹19.66 crores, an increase of 92.2% QoQ from ₹10.23 crores in Q2FY25 and a 67.3% increase YoY from ₹11.75 crores in Q3FY24. These financial figures provide insight into the company's operational performance and cost management strategies during the reporting period.
