Reiterate BUY with a TP of Rs 86, 30x Sep-20E EV/EBITDA Lemon Trees (LTHL) 2QFY19 performance was in-line. Revenue/EBITDA at Rs 1.3/0.4bn grew by 15.3/26.5% YoY. PAT jumped to Rs 57mn (vs. loss of Rs 33mn in 2QFY18) owing to higher other income.