Lemon Tree Hotels standalone net profit rises 375.12% in the March 2018 quarter

Sales decline 2.65% to Rs 57.01 crore

Net profit of Lemon Tree Hotels rose 375.12% to Rs 9.55 crore in the quarter ended March 2018 as against Rs 2.01 crore during the previous quarter ended March 2017. Sales declined 2.65% to Rs 57.01 crore in the quarter ended March 2018 as against Rs 58.56 crore during the previous quarter ended March 2017.

For the full year,net profit rose 234.95% to Rs 22.14 crore in the year ended March 2018 as against Rs 6.61 crore during the previous year ended March 2017. Sales rose 5.79% to Rs 231.08 crore in the year ended March 2018 as against Rs 218.43 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales57.0158.56 -3 231.08218.43 6 OPM %29.0326.64 -29.4427.31 - PBDT15.867.31 117 46.0429.10 58 PBT10.832.35 361 26.277.90 233 NP9.552.01 375 22.146.61 235

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