Lemon Tree Hotels consolidated net profit declines 11.43% in the December 2023 quarter

Sales rise 23.61% to Rs 288.69 crore

Net profit of Lemon Tree Hotels declined 11.43% to Rs 35.40 crore in the quarter ended December 2023 as against Rs 39.97 crore during the previous quarter ended December 2022. Sales rose 23.61% to Rs 288.69 crore in the quarter ended December 2023 as against Rs 233.55 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales288.69233.55 24 OPM %48.4054.15 -PBDT88.8882.76 7 PBT55.5459.20 -6 NP35.4039.97 -11

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