Lemon Tree Hotels Ltd. has reported robust financial performance for Q2 FY25, showcasing both year-over-year (YoY) and quarter-over-quarter (QoQ) growth. Here’s a breakdown of their performance:
- Revenue from Operations: The company’s revenue grew by 23.9% YoY, reaching ₹284.37 crore compared to ₹229.40 crore in Q2 FY24. On a QoQ basis, revenue increased from ₹269.40 crore in Q1 FY25.
- Net Profit: Net profit surged by 32.8% YoY to ₹35.04 crore from ₹26.39 crore in the same quarter last year. QoQ, the profit rose from ₹30.11 crore in Q1 FY25.
The strong financial results are attributed to increased operational efficiency and demand recovery in the hospitality sector.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
