February, 23 2025 Sunday 01:55 Hrs
  • SENSEX :   75,311.06

  • Top commodity trading and broking companies in India-424.90( -0.56%) 21-Feb-2025
top-arrow-market
Sensex 75311.06 -424.90  (-0.56) 21-Feb-2025
Previous Day Close
75735.96
Today's High/Low
High Low
  •  
  •  
75748.72 75112.41

Hot Pursuit - Detailed News

Lemon Tree Hotels signs new property in Rajasthan
22-Feb-25   15:29 Hrs IST
The property shall be managed by Carnation Hotels, a wholly-owned subsidiary of the company and is expected to start its operations in FY 2026.

Lemon Tree Resort, Chittorgarh will offer 98 well-appointed rooms and a range of amenities, including a restaurant, banquet hall, meeting room, bar, spa, fitness center, swimming pool, and other public spaces.

The resort is located approximately 102 kilometers from Maharana Pratap Airport in Udaipur and around 18 kilometers from Chittorgarh Junction. It is also well-connected by road, providing convenient access for both public and private transport.

Vilas Pawar, CEO ' Managed & Franchise Business, Lemon Tree Hotels said, 'We are thrilled to announce our latest signing, which will further expand our presence in Rajasthan. This opening will be in addition to our nine operational and six upcoming hotels in the state known for its rich history and culture. This signing is a testament to our commitment to providing exceptional hospitality and unforgettable experiences in one of India's most vibrant destinations.'

Lemon Tree Hotels its principal activities are to carry out the business of developing, owning, acquiring, operating, managing, renovating, and promoting hotels, motels, resorts, restaurants, etc. under the brand names Lemon Tree Hotel, Lemon Tree Premier, Red Fox Hotel, Aurika, Keys Select, Keys Prima, and Keys Lite.

The company's consolidated net profit surged 76.53% to Rs 62.49 crore on 22.4% increase in revenue from operations to Rs 355.18 crore in Q3 FY25 over Q3 FY24.

The counter shed 0.90% to end at Rs 131.60 on Friday, 21 February 2025.

Powered by Capital Market - Live News

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.