Lemon Tree Hotels announced Q1FY23 Result : Revenue from operations stood at Rs. 192.0 Cr in Q1 FY23, up 356% as compared to Rs. 42.2 Cr in Q1 FY22. On a sequential basis, revenue from operations increased 61% from Rs. 119.5 Cr in Q4 FY22 ARR increased by 104% from 2,362 in Q1 FY22 to 4,822 in Q1 FY23. On a sequential basis, ARR increased by 18% from Rs. 4,093 in Q4 FY22 Occupancy on full inventory increased by 3,546 bps from 29.6% in Q1 FY22 to 65.1% in Q1 FY23. On a sequential basis, the occupancy on full inventory increased by 1,894 bps from 46.1% in Q4 FY22 Total expenses stood at Rs. 99.7 Cr in Q1 FY23, up 136% as compared to Rs. 42.2 Cr in Q1 FY22 on back of increase in occupancy level. On a sequential basis, expenses increased by 21% from Rs. 82.7 Cr in Q4 FY22 Net EBITDA increased by 4422% from Rs. 2.0 Cr in Q1 FY22 to Rs. 92.6 Cr in Q1 FY23. EBITDA without other income increased from Rs. -0.1 Cr in Q1 FY22 to Rs. 92.4 Cr in Q1 FY23. On a sequential basis, Net EBITDA increased 108% from Rs 44.5 Cr in Q4 FY22. EBITDA without other income increased from Rs. 36.8 Cr in Q4 FY22 to Rs. 92.4 Cr in Q1 FY23 Net EBITDA margin expanded by 4,354 bps from 4.6% in Q1 FY22 to 48.2% in Q1 FY23. EBITDA margin without other income increased from -0.2% in Q1 FY22 to 48.1% in Q1 FY23. On a sequential basis, the Net EBITDA margin has expanded by 1,320 bps from 35.0% in Q4 FY22. EBITDA margin without other income expanded by 1,728 bps from 30.8% in Q4 FY22. Profit after tax improved from Rs. -59.8 Cr in Q1 FY22 to Rs. 13.6 Cr in Q1 FY23. The PAT in Q4 FY22 was Rs. -39.2 Cr Cash Profit for Q1 FY23 stood at Rs. 42.9 Cr vs Rs. -33.6 Cr in Q1 FY22. The Cash Profit in Q4 FY22 was Rs. 2.6 Cr Result PDF