Lemon Tree Hotels Q3 Revenue Jumps 15%, Margins Dip Due to Investments; Demerger on Track
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Overview
Lemon Tree Hotels reported a strong 15% year-on-year revenue growth to ₹407.8 crore for Q3 FY26, with PAT rising 2% to ₹81.8 crore. However, EBITDA margins compressed by 133 basis points to 50.6% due to increased investments in renovations and technology. The company highlighted robust expansion plans and the upcoming demerger, which aims to create a debt-free, asset-light Lemon Tree.
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