Lemon Tree Hotels announced the approval of its unaudited standalone and consolidated financial results for the third quarter (Q3) and nine months ending December 31, 2025. The Board of Directors approved these results during its meeting on February 6, 2026. The company reported a consolidated total income of ₹407.75 million for the quarter.
Financial Performance Highlights
Lemon Tree Hotels (LTH) has released its unaudited financial results for the third quarter of fiscal year 2026. Key highlights from the consolidated results include:
- Total Income for Q3 2026 reached ₹407.75 million compared to ₹355.80 million in Q3 2025.
- Total Expenses for Q3 2026 were ₹201.36 million versus ₹170.97 million for Q3 2025.
- Profit before tax for Q3 2026 stood at ₹98.84 million, a slight increase from ₹99.50 million in Q3 2025.
Exceptional Items Impact
The financial results for the quarter include exceptional items. These include:
- An impact of ₹255.11 million related to the new Labour Code and ex-gratia payments.
- A settlement of a Property Tax matter amounting to ₹47.85 million.
- Expenses related to the restructuring of the Group amounting to ₹10.37 million.
Proposed Scheme of Arrangement
Subsequent to the quarter ending December 31, 2025, the Board of Directors approved a proposed Composite Scheme of Arrangement during a meeting held on January 9, 2026. The scheme involves the merger and demerger of certain group entities.
This arrangement will result in the segregation of the hotel ownership & development business from the hotel management & brand business. The plan is pending necessary statutory, regulatory, and shareholder approvals and is expected to have an effective date of April 1, 2026, pending regulatory filing.
Source: BSE