Q1 FY27 results: revenue up 9%, PAT up 19% YoY; signs Shillong JV with RJ Corp
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Lemon Tree Hotels posted Q1 FY27 consolidated revenue of Rs 344.61 cr, up 9% from Rs 315.77 cr YoY. Net profit after tax rose 19% to Rs 57.34 cr vs Rs 48.10 cr. EBITDA was Rs 151.85 cr vs Rs 142.15 cr. No exceptional items this quarter. Board approved a joint venture between subsidiary Carnation Hotels (51%) and RJ Corp (49%) for the Aurika Shillong project. Chairman Patanjali Keswani will move from Executive to Non-Executive Chairman effective April 1, 2027.
Steady revenue and profit growth; JV expands northeast footprint; smooth leadership transition with continuity maintained.