Lemon Tree Hotels Limited

rs,

try faced multiple headwinds — including geopolitical tensions, floods, airplane accident, tariff wars, and GST revisions — which resulted in muted demand. Despite these headwinds, in Q2, Lemon Tree rec

Rs. 308

muted demand. Despite these headwinds, in Q2, Lemon Tree recorded its highest-ever Q2 revenue. At Rs. 308 Cr., our revenue grew by 8% compared to Q2 last year, Net EBITDA grew 1% Y-o-Y to Rs. 132.4 Cr. tra

8%

dwinds, in Q2, Lemon Tree recorded its highest-ever Q2 revenue. At Rs. 308 Cr., our revenue grew by 8% compared to Q2 last year, Net EBITDA grew 1% Y-o-Y to Rs. 132.4 Cr. translating into a Net EBITDA

1%

-ever Q2 revenue. At Rs. 308 Cr., our revenue grew by 8% compared to Q2 last year, Net EBITDA grew 1% Y-o-Y to Rs. 132.4 Cr. translating into a Net EBITDA Margin of 43% which decreased by 306bps Y-o-Y

Rs. 132.4

enue. At Rs. 308 Cr., our revenue grew by 8% compared to Q2 last year, Net EBITDA grew 1% Y-o-Y to Rs. 132.4 Cr. translating into a Net EBITDA Margin of 43% which decreased by 306bps Y-o-Y primarily due to inc

43%

to Q2 last year, Net EBITDA grew 1% Y-o-Y to Rs. 132.4 Cr. translating into a Net EBITDA Margin of 43% which decreased by 306bps Y-o-Y primarily due to increased investments in renovation, technology a

306bps

ITDA grew 1% Y-o-Y to Rs. 132.4 Cr. translating into a Net EBITDA Margin of 43% which decreased by 306bps Y-o-Y primarily due to increased investments in renovation, technology and a one- time ex-gratia p

5%

ese accounted for 8% of revenue for this quarter, we expect all these 3 expense heads to reduce to ~5% of revenue in FY27 before stabilizing at ~2% of revenue by FY28 and onwards. We have completed s

2%

er, we expect all these 3 expense heads to reduce to ~5% of revenue in FY27 before stabilizing at ~2% of revenue by FY28 and onwards. We have completed significant renovations in H1 this year with ma

47%

of the Keys Select Hotel in Pune after rebranding to a higher brand i.e. Keys Prima which led to a 47% increase in RevPAR Y-o-Y. Q2 FY26 recorded a Gross ARR of Rs. 6,247 which increased by 6% Y-o-Y.

Rs. 6,247

and i.e. Keys Prima which led to a 47% increase in RevPAR Y-o-Y. Q2 FY26 recorded a Gross ARR of Rs. 6,247 which increased by 6% Y-o-Y. The occupancy for the quarter stood at 69.8%, an increase of 139 bps Y-

6%

to a 47% increase in RevPAR Y-o-Y. Q2 FY26 recorded a Gross ARR of Rs. 6,247 which increased by 6% Y-o-Y. The occupancy for the quarter stood at 69.8%, an increase of 139 bps Y-o-Y. This translated