The firm reported a 20.1% year-on-year increase in consolidated net profit attributable to equity holders of the parent to ₹46 crore for the quarter ended June 30, 2026, compared with ₹38.3 crore a year earlier.
Revenue from operations rose 9.1% year-on-year to ₹344.6 crore in the June quarter from ₹315.8 crore in the corresponding period last year.
Executive Chairman Patanjali Keswani said the company posted total revenue of ₹346.8 crore, up 9% year-on-year. Gross debt declined 11% to ₹1,475 crore as of June 30, 2026, while the cost of debt fell by 53 basis points to 7.48%.
During the quarter, Lemon Tree opened six managed and franchised hotels with 334 rooms and signed agreements for 13 managed and franchised hotels with 1,020 rooms, as per investor presentation.
Its operational and pipeline inventory stood at 23,381 rooms across 279 hotels in more than 170 cities, with 135 hotels and 11,946 rooms already operational.
The company said its network revenue increased 16% year-on-year to ₹576 crore, comprising ₹320 crore from owned hotels and ₹256 crore from managed and franchised properties.
Management and franchise fees from third-party owned hotels rose 42% to ₹22.8 crore, while fees from Fleur Hotels increased 6% to ₹22.6 crore. Total management fees climbed 21% to ₹45.4 crore.
Lemon Tree said work at its 90-room Aurika Shimla hotel is in the final stage, with the property expected to open shortly. The company also expects the 165-room Aurika Shillong hotel to open in the second half of FY28, while the 47-room Aurika Varanasi project is targeted for completion in FY29. Final approvals for the Aurika Nehru Place, Delhi project are pending.
Lemon Tree Hotels Ltd shares ended lower ahead of the company’s June quarter earnings announcement. The stock settled at ₹110.96 on the NSE on Friday, down 1.62% from the previous close.
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