Earnings Call Transcript - Lemon Tree Hotels
Full Earnings Transcript: Conference Call between Management and Analysts17-02-2020
17-02-2020
Lemon Tree's performancelooks decent againstpessimism in stock price
Notwithstanding all this, the company's December quarter results show it is reaping the fruits of consolidation.Net revenue at 199.6 crore was nearly 40% higher year-on-year16-02-2020
Lemon Tree Hotels Ltd - 541233 - Unaudited (Standalone & Consolidated) Financial Results For The Quarter & Nine Months Ended December 31, 2019
Dear Sir We wish to inform you that the Board of Directors of Lemon Tree Hotels Limited (the "Company") at its meeting held today at 03.30 p.m and concluded at 06.15 p.m, has, inter-alia, approved the Unaudited (Standalone & Consolidated) Financial Results for the quarter & nine months ended December 31, 2019 and took on record the limited review report thereon. A copy of: A) Unaudited financial results(Standalone & Consolidated) for the quarter & nine months ended December 31, 2019; and B) Limited review report issued by the Statutory Auditors thereon as required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, alongwith Investor presentation are enclosed herewith. This is for your information and record.13-02-2020
Lemon Tree Hotels Ltd - 541233 - Disclosure Under Regulation 30(6) Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 For Conference Call With Analysts/Institutional Investors
Dear Sir, Pursuant to Regulation 30(6) read with Part A of Schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company will host a Conference Call on Q3 FY 2020 results with Investors and Analysts on Monday, February 17, 2020 at 02.00 P.M (IST). Details of the calls with Investors and Analysts are enclosed.10-02-2020
Lemon Tree Hotels signs deal for hotel in Nepal
Lemon Tree Hotels on Monday said it has signed a license agreement with Bhangeri Durbar Resort Pvt Ltd, for an upcoming Hotel at Nagarkot in Nepal.10-02-2020
Lemon Tree Hotels Ltd - 541233 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 For Signing Of License Agreement In Nagarkot, Nepal
Dear Sir, With reference to the captioned subject, we would like to inform you that the Company has signed a License Agreement for a 51 room upcoming Hotel at Nagarkot in Nepal under the Company's brand 'Lemon Tree Hotel'. This Hotel will also add to our repertoire of hotels internationally, which include our existing hotel in Dubai and upcoming international launches in Thimphu, Bhutan and Kathmandu, Nepal. The Hotel will feature 51 well-appointed rooms and lavish suites, complemented by a multi-cuisine restaurant, a thriving bar, well-equipped banquet spaces, a heated swimming pool, a rejuvenating spa and a terrace deck. The hotel project, owned by Bhangeri Durbar Resort Pvt. Ltd., is expected to open by early 2021. Carnation Hotels Private Limited, a subsidiary and the hotel management arm of the Company will be operating and marketing this Hotel. Please find attached herewith the copy of the press release. Please take the above intimation on record10-02-2020
Lemon Tree Hotels Ltd - 541233 - Shareholding for the Period Ended December 31, 2019
Lemon Tree Hotels Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2019. For more details, kindly Click here20-01-2020
Lemon Tree Hotels Ltd - 541233 - Board Meeting Intimation for Intimation Regarding Holding Of Meeting Of The Board Of Directors, Inter Alia, To Consider And Approve Unaudited Financial Results For The Quarter And Nine Months Ended December 31, 2019
Lemon Tree Hotels Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2020 ,inter alia, to consider and approve Dear Sir/Madam, In terms of Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, February 13, 2020, inter alia, to consider and approve, the Unaudited Financial Results of the Company, both on Standalone and Consolidated basis for the quarter and nine months ended December 31, 2019. The Company has already intimated to the Exchange(s) on December 27, 2019 that the trading window for dealing in shares of the Company shall remain closed with effect from 1st January, 2020 for the consideration of Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2019 till the expiry of 48 hours after the public announcement of Unaudited Financial Results. Accordingly, the Trading Window shall open w.e.f Monday, February 17, 2020. You are requested to kindly take the same on record.15-01-2020
Lemon Tree Hotels Ltd - 541233 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 For Opening Of Lemon Tree Premier, Rishikesh
Dear Sir, With reference to the captioned subject, we are pleased to inform opening of hotel in Rishikesh, Uttarakhand, today, under the Company's brand 'Lemon Tree Premier', located on the bank of holy Ganges. The hotel features 65 well-appointed rooms and suites, a multi-cuisine coffee shop-Citrus Cafe, banquet facilities, spa etc. The hotel shall be managed by Carnation Hotels Private Limited, a subsidiary and the hotel management arm of Lemon Tree Hotels Limited. Please find attached herewith the copy of the press release. Please take the above intimation on record.14-01-2020
Lemon Tree Hotels Ltd - 541233 - Statement Of Investor Complaints For The Quarter Ended December 2019
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0000 Name of the Signatory :- Nikhil SethiDesignation :- Company Secretary and Compliance Officer13-01-2020