Lemon Tree Hotels Ltd posts consolidated net profit of Rs. 39.97 crores in Q3 FY2023

Lemon Tree Hotels Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 234.1081 crores during the period ended December 31, 2022 as compared to Rs. 197.4339 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 39.9726 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 16.7684 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.51 for the period ended December 31, 2022 as compared to Rs. 0.21 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹234.1081 crs	₹197.4339 crs	18.58%
Net Profit	₹39.9726 crs	₹16.7684 crs	138.38%
EPS	₹0.51	₹0.21	142.86%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.234.1081 crores during the period ended December 31, 2022 as compared to Rs.146.0064 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.39.9726 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.-1.8734 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.51 for the period ended December 31, 2022 as compared to Rs.-0.02 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹234.1081 crs	₹146.0064 crs	60.34%
Net Profit	₹39.9726 crs	₹-1.8734 crs	2,233.69%
EPS	₹0.51	₹-0.02	2,650.00%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.623.8331 crores during the 9 Months period ended December 31, 2022 as compared to Rs.289.1046 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.70.5926 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.-62.8126 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.0.89 for the 9 Months period ended December 31, 2022 as compared to Rs.-0.79 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹623.8331 crs	₹289.1046 crs	115.78%
Net Profit	₹70.5926 crs	₹-62.8126 crs	212.39%
EPS	₹0.89	₹-0.79	212.66%

Shares of Lemon Tree Hotels Limited was last trading in BSE at Rs. 77.05 as compared to the previous close of Rs. 76.05. The total number of shares traded during the day was 885538 in over 5746 trades.

The stock hit an intraday high of Rs. 78.00 and intraday low of 75.05. The net turnover during the day was Rs. 67821199.00.

Source : Equity Bulls

Keywords

LemonTreeHotels Q3FY23 9MFY23 ResultUpdate