Lemon Tree Hotels Q4 Results Live : profit rise by 52.33% YOY

Lemon Tree Hotels Q4 Results Live : Lemon Tree Hotels declared their Q4 results on 29 May, 2024, showcasing a significant growth in both revenue and profit. The topline increased by 29.53% year-over-year, while the profit saw a substantial rise of 52.33% YoY.

Comparing the results to the previous quarter, Lemon Tree Hotels witnessed a revenue growth of 13.38% and a remarkable profit increase of 89.2%.

The Selling, general & administrative expenses for the company rose by 0.95% quarter-over-quarter and increased by 22.19% year-over-year, reflecting a steady financial management.

Moreover, the operating income showed a positive trend with a growth of 29.77% q-o-q and an increase of 18.66% Y-o-Y, indicating operational efficiency.

The earnings per share (EPS) for Q4 stood at ₹0.85, marking a significant growth of 51.81% Y-o-Y, showcasing strong financial performance.

Despite a -7.54% return in the last 1 week, Lemon Tree Hotels has delivered impressive returns of 21.68% in the last 6 months and 15.69% year-to-date, demonstrating resilience and potential for investors.

As of 30 May, 2024, Lemon Tree Hotels has a market cap of ₹10978.09 Cr with a 52-week high/low of ₹158 & ₹89.9 respectively, highlighting stability and market presence.

Analysts covering the company have shown confidence in Lemon Tree Hotels, with 1 analyst giving a Sell rating, 1 analyst giving a Hold rating, 6 analysts giving a Buy rating, and 7 analysts giving a Strong Buy rating.

The consensus recommendation as on 30 May, 2024 was to Strong Buy, indicating a positive outlook for Lemon Tree Hotels in the market.