Bengaluru, Feb. 5 -- Leading Mid-cap budget hotel stock went up by 5% after announcing its Q3FY25 results, with robust growth in its net profit and its best-ever Q3 results

Share Price Movement

With a market capitalization of Rs.11,768 Crore, the stock of Lemon Tree Hotels opened at Rs.152 up 3.07 % from yesterday's closing price of 147.46, and later made a high of 4.92% and closed at 148.29.

Q3FY25 Results

The company reported a 22.39 % YoY increase in revenue from Rs.290.18 Crore in Q3FY24 to Rs.355.17 Crore in Q3FY25. On a QoQ basis, the company reported an increase of 24.90 % in revenue from Rs.284.36 Crore in the previous quarter.

Their Net profit saw an increase of 82.32 % YoY from Rs.43.79 Crore to Rs.79.84 Crore for the same ...