Lemon Tree Hotels Approves Financial Results and Elects Internal Auditors for 2026-27

Lemon Tree Hotels Approves Financial Results and Elects Internal Auditors for 2026-27

Lemon Tree Hotels Approves Financial Results and Elects Internal Auditors for 2026-27​

Lemon Tree Hotels Limited announced that its Board of Directors held a meeting on May 28, 2026, where it considered and approved the audited standalone and consolidated financial results, along with the statement of assets and liabilities, for the quarter and financial year ended March 31, 2026. The Board also approved the re-appointment of internal auditors for the financial year 2026-27.

M/s Deloitte Haskins & Sells LLP, the Statutory Auditors, issued an Auditor's Report providing an unmodified opinion on the Audited Standalone and Consolidated Financial Results for the Financial Year ended March 31, 2026.

Financial Performance Highlights​

The financial results for the year ended March 31, 2026, were compiled and presented both on a standalone and consolidated basis, reflecting the company's operations and overall Group performance.

The total income for the financial year ended March 31, 2026, reached 44,203.93 (lakhs) on a standalone basis, while the consolidated total income for the same period was 1,45,266.61 (lakhs).

Key figures from the financial statements for the year ended March 31, 2026, included:

MetricStandalone (Mar 31, 2026)Consolidated (Mar 31, 2026)
Total Revenue from Operations13,362.451,44,450.33
Total Income13,488.821,45,266.61
Net Profit After Tax (PAT)422.8528,831.82
Total Assets1,76,226.434,28,469.63

Cash Flow Generation:
The net cash flow generated from operating activities for the year ended March 31, 2026, stood at 54,161.30 (lakhs) for the consolidated results, compared to 17,545.67 (lakhs) for the standalone results.

Governance and Corporate Updates​

The Board's decisions also covered significant governance and corporate restructuring points:

Audit Committee Recommendations and Appointments
For the Financial Year 2026-27, the Board, based on the recommendation of the Audit Committee, appointed M/s R. Khattar & Associates, Chartered Accountants, and re-appointed M/s Felix Advisory Private Limited as the Internal Auditors of the Company.

Auditor Reports
The Statutory Auditors provided an unmodified opinion on the Annual Consolidated Financial Results for the year ended March 31, 2026. The auditor's report also detailed the entities forming the Group, which include Lemon Tree Hotels Limited (Holding Company) and several subsidiaries like Fleur Hotels Limited, Hyacinth Hotels Private Limited, and Canary Hotels Private Limited.

Operational Strategy
The Company also reviewed the proposal for a Composite Scheme of Arrangement involving the merger and demerger of certain group entities. This scheme aims to segregate the hotel ownership and development business from the hotel management and brand business into separate focused platforms.

Market Trading Window
Following the declaration of financial results for the quarter and financial year ended March 31, 2026, the 'Trading Window' for all Directors, Promoters, Connected Persons, Designated Persons and their immediate relatives will open after 48 hours.

***
Note: All figures are reported in Lakhs, unless specified otherwise.

LEMONTREE Stock Price Movement​

Lemon Tree Hotels Limited shares edged higher on Wednesday, closing at ₹119.58, marking a gain of 1.36% for the session. The stock demonstrated solid buying interest, trading on more than 2.05 million shares and reaching a day high of ₹120.44.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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