Lemon Tree Hotels announced its latest signing Aurika, Surat in Gujarat under its upscale brand, Aurika Hotels & Resorts. The property is slated to open in FY 2030 and shall be operated by Carnation Hotels, a subsidiary and the management arm of Lemon Tree Hotels.Aurika, Surat will feature 175 aesthetically designed rooms and suites, along with Mirasa, the all-day dining restaurant, banquet facilities including Ekaara, the ballroom and Aurum, the boardroom, a stunning swimming pool and a rejuvenating spa.Powered by Capital Market - Live News

Net profit of Lemon Tree Hotels declined 15.56% to Rs 19.81 crore in the quarter ended June 2024 as against Rs 23.46 crore during the previous quarter ended June 2023. Sales rose 19.53% to Rs 268.02 crore in the quarter ended June 2024 as against Rs 224.23 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales268.02224.23 20 OPM %42.9347.48 - PBDT63.7859.02 8 PBT29.2136.22 -19 NP19.8123.46 -16 Powered by Capital Market - Live News

Lemon Tree Hotels will hold a meeting of the Board of Directors of the Company on 7 August 2024.Powered by Capital Market - Live News

Net profit of Lemon Tree Hotels rose 52.33% to Rs 66.98 crore in the quarter ended March 2024 as against Rs 43.97 crore during the previous quarter ended March 2023. Sales rose 29.53% to Rs 327.31 crore in the quarter ended March 2024 as against Rs 252.69 crore during the previous quarter ended March 2023.For the full year,net profit rose 29.62% to Rs 148.49 crore in the year ended March 2024 as against Rs 114.56 crore during the previous year ended March 2023. Sales rose 22.42% to Rs 1071.12 crore in the year ended March 2024 as against Rs 874.99 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales327.31252.69 30 1071.12874.99 22 OPM %52.3455.36 -48.8551.15 - PBDT122.4296.89 26 327.96274.84 19 PBT89.0373.37 21 215.83178.24 21 NP66.9843.97 52 148.49114.56 30 Powered by Capital Market - Live News

Lemon Tree Hotels will hold a meeting of the Board of Directors of the Company on 29 May 2024Powered by Capital Market - Live News