Lemon Tree Hotels reports standalone net loss of Rs 13.21 crore in the March 2021 quarter

Sales decline 51.02% to Rs 30.39 crore

Net loss of Lemon Tree Hotels reported to Rs 13.21 crore in the quarter ended March 2021 as against net profit of Rs 7.68 crore during the previous quarter ended March 2020. Sales declined 51.02% to Rs 30.39 crore in the quarter ended March 2021 as against Rs 62.05 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 40.73 crore in the year ended March 2021 as against net profit of Rs 32.20 crore during the previous year ended March 2020. Sales declined 70.35% to Rs 79.92 crore in the year ended March 2021 as against Rs 269.58 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales30.3962.05 -51 79.92269.58 -70 OPM %24.0940.71 -19.6640.05 - PBDT-3.3913.94 PL -25.4464.91 PL PBT-9.028.80 PL -47.9540.65 PL NP-13.217.68 PL -40.7332.20 PL

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