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

Lemon Tree Hotels Q4 Results Live : Revenue increased by 29.53% YoY & profit increased by 52.33% YoY

Livemint
First Published30 May 2024, 10:06 AM IST
Lemon Tree Hotels Q4 Results Live
Lemon Tree Hotels Q4 Results Live

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.

Lemon Tree Hotels Financials

PeriodQ4Q3Q-o-Q GrowthQ4Y-o-Y Growth
Total Revenue327.31288.69+13.38%252.69+29.53%
Selling/ General/ Admin Expenses Total69.5968.94+0.95%56.95+22.19%
Depreciation/ Amortization33.3933.34+0.15%23.52+41.96%
Total Operating Expense189.23182.29+3.81%136.33+38.81%
Operating Income138.08106.4+29.77%116.36+18.66%
Net Income Before Taxes89.0355.54+60.29%73.37+21.35%
Net Income66.9835.4+89.2%43.97+52.33%
Diluted Normalized EPS0.850.45+88.89%0.56+51.81%
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<span class='webrupee'>₹</span>66.98Cr
<span class='webrupee'>₹</span>327.31Cr
First Published:30 May 2024, 10:06 AM IST
HomeCompaniesCompany ResultsLemon Tree Hotels Q4 Results Live : profit rise by 52.33% YOY

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