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Lemon Tree Hotels consolidated net profit declines 2.17% in the December 2019 quarter

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Capital Market

Sales rise 39.25% to Rs 199.62 crore

Net profit of Lemon Tree Hotels declined 2.17% to Rs 12.20 crore in the quarter ended December 2019 as against Rs 12.47 crore during the previous quarter ended December 2018. Sales rose 39.25% to Rs 199.62 crore in the quarter ended December 2019 as against Rs 143.35 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales199.62143.35 39 OPM %40.2534.19 -PBDT38.3330.84 24 PBT15.6417.36 -10 NP12.2012.47 -2

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First Published: Feb 14 2020 | 8:16 AM IST

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