Lemon Tree Hotels Ltd’s suffers net loss of 19.02 cr for Q4FY20

New Delhi: Lemon Tree Hotels Ltd’s consolidated net loss stood at 19.02 crore for the fourth quarter of the 2019-20 fiscal as compared net profit of Rs 33.67 crore in the same period of the previous fiscal.  The consolidated revenues from operations of the company jumped to Rs 176.13 crore for the fourth quarter of the 2019-20 fiscal as compared to Rs 150.52 crore in the same period of the previous fiscal.  

For the entire fiscal 2019-20, the consolidated net loss of the company stood at  Rs 13.05 crore as compared to a net profit of Rs 56.37 crore in the previous fiscal. The consolidated revenues from operations for the entire fiscal 2019-20 jumped to Rs 669.43 crore as compared to Rs 549.50 crore in the previous fiscal, the company said in a regulatory filing.

 

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