Mumbai, Feb. 5 -- Profit before tax (PBT) soared 79.17% to Rs 99.51 crore during the December 2024 quarter as compared with Rs 55.54 crore in Q3 FY24.
EBITDA stood at Rs 184.8 crore in Q3 FY25, up 30.23% as compared with Rs 141.9 crore posted in corresponding quarter last year. EBITDA margin stood at 51.9% in Q3 FY25 as against 48.8% in Q3 FY24.
During the quarter, gross ARR (average revenue per room) increased 7% YoY to Rs 6,763 crore during the quarter, while occupancy rate jumped to 74.2% in Q3 FY25 as against 65.9% in Q3 FY24.
RevPAR (revenue per available room) jumped 20.77% to Rs 5,018 crore in Q3 FY25, compared with Rs 4,155 crore in Q3 FY24.
Patanjali Keswani, chairman & managing director, Lemon Tree Hotels, said, "Fees from m...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.