The corporate’s income from operations rose 22% year-on-year to Rs 355.18 crore in Q3. It had reported income from operations at Rs 290.18 crore within the year-ago interval. Lemon Tree’s whole revenue in the meantime rose to Rs 355.8 crore, its highest-ever third quarterly revenue this 12 months.
EBITDA rose 30% YoY to Rs 184.8 crore, whereas EBITDA margin expanded 316 foundation factors to 51.9%.
As of December 31, 2024, the stock for the group stands at 112 operational motels with 10,317 rooms and a pipeline of 88 motels with 6,068 rooms.
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Administration outlook
Chairman & MD Patanjali Keswani expressed confidence in sustained progress, highlighting key focus areas:- Increasing administration and franchised portfolios to extend fee-based revenue.- Renovating owned motels to enhance Gross ARR and occupancy, with renovation bills persevering with into FY26.- Leveraging rising discretionary spending on branded motels in India.
Together with the Q3 outcomes, the corporate additionally introduced that it has appointed Rashi Goel because the Firm Secretary and Compliance Officer, following the resignation of Jyoti Verma.
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Lemon Tree Resorts shares goal value
As per Trendlyne knowledge, the typical goal value of the inventory is Rs 157, which signifies an upside of 6% from the present market costs. The consensus advice from 16 analysts for the inventory is a ‘Purchase’.
Lemon Tree Resorts shares efficiency
The inventory has rallied 27% over the previous three months and gained 97% within the final two years. The corporate’s market capitalization stands at Rs 11,931 crore.
(Disclaimer: Suggestions, solutions, views and opinions given by the consultants are their very own. These don’t symbolize the views of the Financial Occasions)
