Lemon Tree Hotels reports consolidated net profit of Rs 11.71 crore in the March 2018 quarter

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Sales rise 18.62% to Rs 132.01 crore
Net profit of Lemon Tree Hotels reported to Rs 11.71 crore in the quarter ended March 2018 as against net loss of Rs 2.20 crore during the previous quarter ended March 2017. Sales rose 18.62% to Rs 132.01 crore in the quarter ended March 2018 as against Rs 111.29 crore during the previous quarter ended March 2017.For the full year,net profit reported to Rs 14.55 crore in the year ended March 2018 as against net loss of Rs 5.12 crore during the previous year ended March 2017. Sales rose 17.52% to Rs 484.26 crore in the year ended March 2018 as against Rs 412.08 crore during the previous year ended March 2017.
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First Published: May 28 2018 | 7:12 PM IST