Lemon Tree Hotels consolidated net profit declines 15.56% in the June 2024 quarter

Net profit of Lemon Tree Hotels declined 15.56% to Rs 19.81 crore in the quarter ended June 2024 as against Rs 23.46 crore during the previous quarter ended June 2023. Sales rose 19.53% to Rs 268.02 crore in the quarter ended June 2024 as against Rs 224.23 crore during the previous quarter ended June 2023.

Particulars	Quarter Ended
	Jun. 2024	Jun. 2023	% Var.
Sales	268.02	224.23	20
OPM %	42.93	47.48	-
PBDT	63.78	59.02	8
PBT	29.21	36.22	-19
NP	19.81	23.46	-16