Interim report
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Lemon Tree Hotels Limited CIN No. L74899HR1992PLC140546 Reg. Office: Lemon Tree Corporate Park, Urban Complex, Ullahawas, Sector 60, Gurugram, Haryana-122011 Corporate Office: Asset No. 6, Aerocity Hospitality District, New Delhi-110037 T +91 124 714 2310 | E hi@lemontreehotels.com Central Reservation: +91 9911 701 701| www.lemontreehotels.com February 06, 2026 National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East) Mumbai – 400 051 Name of Scrip: LEMONTREE BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 BSE Scrip Code: 541233 Subject: Outcome of Board Meeting held on February 06, 2026 Ref: Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/ Madam, In compliance with Regulations 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), this is to inform that the Board of Directors of Lemon Tree Hotels Limited (“the Company") at its meeting held today, i.e. February 06, 2026 (which commenced at 05:00 P.M. and concluded at 08:30 P.M.) has inter-alia considered and approved the following: A) Standalone & Consolidated Un-Audited Financial Results for the quarter and nine months ended December 31, 2025 (copy enclosed) and B) Limited Review Report of the Statutory Auditors on the aforesaid Standalone and Consolidated Un-Audited Financial Results for the quarter and nine months ended December 31, 2025 (copy enclosed). This is for your information and record please. Thanking You For Lemon Tree Hotels Limited Pawan Kumar Kumawat Company Secretary & Compliance Officer M. No: A25377 Encl: a/a
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H Chartered Ac tant: Deloitte T oo Bulong 1o Hask- & Sell LLP D1 eyber ity Complex ins ells DLF C\yty Thosell Gurugram-122 002 Haryana, India Tel: +91 124 679 2000 Fax: +91 124 679 2012 INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF LEMON TREE HOTELS LIMITED 1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of Lemon Tree Hotels Limited (“the Company”), including Krizm Hotels Private Limited Employee Welfare Trust (the “Trust”) for the quarter and nine months ended December 31, 2025 (“the Statement”), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”). 2. This Statement, which is the responsibility of the Company’s Management and approved by the Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (*Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company’s personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditor as referred in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. We did not review the interim financial results of Krizm Hotels Private Limited Employee Welfare Trust (the “Trust”) included in the Statement whose interim financial results reflect total revenue of Rs. Nil for the quarter and nine month ended December 31, 2025 respectively, total net loss after tax of Rs. 0.01 lakhs and Rs. 0.12 lakhs for the quarter and nine months ended December 31, 2025 Deloitte Haskins & Sells LLP s registered with Limited Liability having LLP identification No: AAB-8737
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Deloitte Haskins & Sells respectively and total comprehensive loss of Rs. 0.01 lakhs and Rs. 0.12 lakhs for the quarter and nine months ended December 31, 2025 respectively, as considered in this Statement. The interim financial results have been reviewed by the other auditor whose reports have been furnished to us, and our conclusion in so far as it relates to the amounts and disclosures included in respect of this trust, is based solely on the report of such other auditor and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of this matter. For Deloitte Haskins & Sells LLP Chartered Accountants (Firm’s Registration No. 117366 -100018) Rajesh Kumar Agarwal artner (Membership No. 105546) UDIN: 26105546 FOMKOHF300 5 \Aceountants | & Place: New Delhi Date: February 06, 2026
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Lemon Tree Hotels Limited 1 Tree Corporate Park, Urban Complex, Ullahawas, Sector 60, Gurug 11-46050110; E-Mail:sectdeptt@lemontrechotels.com:Website: wwiw.lemontrechotels.com CIN:L74899HR1992PLC140546 Tel.: 011-46050101: ncial Results for the Quarter and Nine Months ended December 31,2025 (% In Lakhs, except per share data) Statement of Unaudited Standalone F Quarter ended Nine months ended Year ended December 31, September 30, [December 31, December [December 31, March 31, 2025 2025 2024 31,2025 2024 2025 (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited)| (Unaudited) | (Audited) T [Income Revenue from operations 12.461.90 9.090.13 | 1042064 3084148 | 2739904 | 3846277 Other income 35.04 3038 2593 94.50 69.26 86.68 Total income, 1249694 902051 | 1044657| 3093628 | 2746830 | 38.549.45 2 |Expenses Cost of food and beverages consumed 40097 38177 35443 114804 106491 | 143390 Employee benefit expenses 171485 1955.54 183327 557920 526955 | 7.064.41 Other expenses: -Power and fuel 503.43 61749 1,679.71 168579 | 2,188.60 -Others 355726 1.787.34 227337 7,703.79 5982.50 | 800921 Total expenses 6,176.51 474214 500899 1611074 | 1400275 | 18,696.12 3 [Profit before depreciation and amortization, finance| 6,320.43 437837 543758 1482554 | 13406555 | 1985333 cost, finance income, and tax (1-2) 4 |Finance cost 85040 875.62 105197 264343 3.262.80 42.75 5 |Finance income (190.91) (184.10) a3761)| (55288 (398.13)| (562.08) 6 | Depreciation and amortization expense 502.29 49657 498.77| 148546 146100 1953.45 7 [Profit before exceptional items and tax (3-4-5-6) 5,158.65 3,190.28 402445 11,4953 913988 | 1421921 8 | Exceptional items (Refer note 4) 187753 - - 187753 = - 9 [Profit before tax (7-8) 328112 319028 402445 937200 913988 | 1421921 10 | Tax expense: - Current tax 55591 70401 | 162227 159932 | 2487.03 - Deferred tax. 40945 47051 | 113125 1.087.65 168344 Net profit after tax (9-10) 2315.76 284993 6.618.48 645291 | 1004874 1 12 |Other Comprehensive (loss)/income Items that will not be reclassified to profit and loss Re-measurement gain on defined benefit plans (36.88) 6.02 @310 (2850) ©.32) Income tax effect on above 1074 (1.75) 090 839 271 13 [Total Comprehensive Income (11+12) 2.289.62 2259.84 284772 659807 644630 14 [Paid-up equity share capital 79.184.75 7908475 | 79.18455| 7918475 | 79,18455 | 79,184.75 (Face value of the share 10/-) 15 [Other Equity 46.530.17 16 | Eamings per share (Face value of the share 10/-) (EPS for quarter and nine months ended periods are not annualised) Basic EPS 029 0.28 0.36 0.84 0.81 127 Diluted EPS 029 0.28 0.36 0.84 081 127
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Notes: held on 1. The above unaudited standalone financial resulis were reviewed by the Audit Commitiee and approved by the Board of Directors at their meeti February 06, 2026 2. The above unaudited standalone financial results have been prepared in accordance with the recognition and measurement principles as laid down in the Indian Accounting Standards (referred to as "Ind AS") prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules as amended from time 1o time. The statutory auditor’s report on the review of quarterly and nine months ended standalone financial results for the quarter and nine months ended December 31, 2025 is being filed with the Bombay Stock Exchange Limited and National Stock Exchange of India L ted. 3. The paid up share capital of the Company excludes 398.841 (M in accordance with the requirement of IND AS 110 “Consolidated ch 31,2025: 398,841) equity shares held by the ESOP Trust which has been consolidated nancial Statements”™. 4. Exceptional items: Particular Quarter ended Nine months ended Year ended December 31[ September 30, [December 31, December | December Mareh 31, 2025 2025 2024 31,2025 2024 2025 a (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited)| (Unaudited) | (Audited) “Impact due to new Labour Code and Ex- gratia (Refer note 5| 1,661.94 - - 166194 - B and 6) ~Settlement of Property Tax matter (Refer note 7) 166.93 - - 16693 - - -Expenses related to restructing of the Group (Refer note §) 4866 - - 48.66 = - Total 1877.53 - - 1877.53 B - 5.The Government of India has implemented four new Labour Cades ("Codes"). including the Code on Wages, 2019, with effect from November 21, 2025 “The Company has carried out actuarial valuation for the quarter and ninc months ¢nded December 31, 2025 considering uniform definition of "wages" as per the Codes on Wages and recorded additional obligation of 2 735.03 lakhs , which has been disclosed as an exceptional item in the results for the quarter and nine months ended December 31, 2025. The Company continues to monitor the developments pertaining to Labour Codes and will evaluate impact if any on the measurement of lisbility pertaining lo employee benefits. 6. During the quarter, the Company has recognised a one-time ex-gratia provision amounting to ¥ 926.91 lakhs paid to certain employees as a goodwill gesture in connection with salary rationalisation measures undertaken during the COVID-19 period. The said payment is discretionary in nature, does not arise from any contractual or statutory obligation and is not part of the Company’s regular remuncration framework. The payment is non-recurring and accordingly has been disclosed as an exceptional item. 7. During the quarter, the Company has availed a one-time settlement scheme notified by the Municipal Corporation of Delhi for settlement of property tax dues relating to one hotel property. The resultant impact of % 166.93 lakhs has been recognised as an exceptional expense, after adjusting the provision of ¥ 105.43 lakhs already created by the Company towards such liabilities. 8. During the quarter ended December 31, 2025, the Company incurred certain expenses towards legal, professional, advisory and other directly attributable costs in connection with the proposed Composite Scheme of Arrangement involving demerger and restructuring of the Company and its group entities, which was subsequently approved by the Board of Directors on January 09, 2026, subject to requisite statutory and regulatory approvals.Considering the non- recurring nature of such expenses and their direct association with the proposed Composite Scheme of Arrangement, the same have been disclosed as exceptional items in the Statement of Profit and Loss for the quarter and nine months ended December 31, 2025. 9. Subsequent 1o the quarter ended December 31, 2025, the Board of Directors of the Company, at its meeting held on January 09, 2026, approved a proposed Composite Scheme of Arrangement involving merger and demerger of certain group entities, inter alia, resulting in segregation of the hotel ownership & development business and the hotel management & brand business into separate focused platforms The proposed Composite Scheme of Arrangement is subject to receipt of necessary statutory, regulatory and shareholder approvals, including approvals from the stock exchanges, National Company Law Tribunal and other applicable authorities. The Scheme (appointed date: April 01, 2026) shall become effective upon receipt of such approvals and filing of the requisite orders with the Registrar of Companies
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10. The Campany is into Hoteliering business and operates in a single operating segment therefore it did nor give rise 10 different operating segments in accordance with Ind AS 108 - Operating Segments. Further, due to seasonal nature of the Indian hotel industry, the Company's standalone financial esulls for the current quarter and nine months ended are not indicative of a full year's operation. By order of the Board ed for Lemon Tree Hotels 1 //m,a/u, Patanjali Govind Keswani Place: New Delhi (Chairman & Exccutive Director) Date : February 06, 2026
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D I 'tt Chartered Accountants eloitte 7th Floor Building 10 Tower B Haskins & SellsLLP S oy o Gurugram-122 002 Haryana, India Tel: +91 124 679 2000 Fax: +91 124 679 2012 INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF LEMON TREE HOTELS LIMITED 1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of Lemon Tree Hotels Limited (“the Parent”), Limited liability partnership firm and its subsidiaries (the Parent, firm and its subsidiaries together referred to as “the Group”), and its share of the net loss after tax and total comprehensive loss of its associates for the quarter and nine months ended December 31, 2025 (“the Statement”) being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”). 2. This Statement, which is the responsibility of the Parent’s Management and approved by the Parent’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (*Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of Parent’s personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. The Statement includes the results of the following entities: S No. | Name of the entity | Relationship 1. Lemon Tree Hotels Limited Holding Company 2. Fleur Hotels Limited (formerly known as | Subsidiary company Fleur Hotels Private Limited) | 3. Hyacinth Hotels Private Limited | Subsidiary company 4. Tora Hotels Private Limited Subsidiary compan ] 5. | Canary Hotels Private Limited Wholly owned subsidiary | o company 6. Sukhsagar Complexes Private Limited Wholly owned subsidiary compan - Regd. Office: One International Center, Tower 3, 31st floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India. Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737
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Deloitte Haskins & Sells S No. | Name of the entity | Relationship | 7. Oriole Dr Fresh Hotels Private Limited Wholly owned subsidiary compan | 8. | Lemon Tree Hotel Company Private | Wholly owned subsidiary | Limited compan | 9. | Red Fox Hotel Company Private Limited Wholly owned subsidiary | B | company 10. Nettle Hotels Private Limited Wholly owned subsidiary company 11. Madder Stays Private Limited Wholly owned subsidiary . company 12, Arum Hotels Private Limited Wholly owned subsidiary company i 13. Carnation Hotels Private Limited Wholly owned subsidiary | company 14. Manakin Resorts Private Limited Wholly owned subsidiary company 15. Hamstede Living Private Limited Wholly owned subsidiary company 16. Totally Foxed Solutions Private Limited Wholly owned subsidiary company 17. | Berggruen Hotels Private Limited _| Subsidiary compan 18. Celsia Hotels Private Limited Subsidiary compan 19. Inovoa Hotels and Resorts Limited Subsidiary compan 20. Ophrys Hotels Private Limited Subsidiary compan 21. Bandhav Resorts Private Limited | Subsidiary compan 22, Mind Leaders Learning India Private | Associate company Limited 23. Pelican Facilities Management Private | Associate company Limited 24. Glendale Marketing Services Private | Associate company Limited 25: Mezereon Hotels LLP Limited Liability Partnership Firm 26. Krizm Hotels Private Limited Employee | Trust Welfare Trust (included in standalone financial results of the Holding Company) 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement 6. We did not review the interim financial results of Krizm Hotels Private Limited Employee Welfare Trust (the “Trust”) included in the standalone unaudited interim financial results of the Parent included in the Group, whose interim financial results reflect total revenues of Rs. Nil for the quarter and nine months ended December 31, 2025 respectively, total net loss
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Deloitte Haskins & Sells after tax of Rs. 0.01 lakhs and Rs. 0.12 lakhs for the quarter and nine months ended December 31, 2025 respectively and total comprehensive loss of Rs. 0.01 lakhs and Rs. 0.12 lakhs for the quarter and nine months ended December 31, 2025 respectively, as considered in the respective standalone unaudited interim financial results of the Parent included in the Group. The interim financial results of the Trust have been reviewed by the other auditor whose reports have been furnished to us, and our conclusion in so far as it relates to the amounts and disclosures included in respect of this trust, is based solely on the report of such other auditor and the procedures performed by us as stated in paragraph 3 above. We did not review the interim financial results of 17 subsidiaries and 1 Limited liability partnership firm included in the consolidated unaudited financial results, whose interim financial results reflects total revenues of Rs. 7,503.06 lakhs and Rs. 19,445.01 lakhs for the quarter and nine months ended December 31, 2025 respectively, total net profit after tax of Rs. 661.38 lakhs and Rs. 1,017.77 lakhs for the quarter and nine months ended December 31, 2025 respectively and total comprehensive income of Rs. 651.37 lakhs and Rs. 1,012.12 lakhs for the quarter and nine months ended December 31, 2025 respectively, as considered in the Statement. The consclidated unaudited financial results also includes the Group’s share of profit/ (loss) after tax of Rs. 2.21 lakhs and Rs. (37.25) lakhs for the quarter and nine months ended December 31, 2025 respectively and total comprehensive income/ (loss) of Rs. 2.24 lakhs and Rs. (37.16) lakhs for the quarter and nine months ended December 31, 2025 respectively, as considered in the Statement, in respect of 3 associates, whose interim financial results have not been reviewed by us. These interim financial results have been reviewed by other auditors whose reports have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries and associates, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of these matters. For Deloitte Haskins & Sells LLP Chartered Accountants (Firm’s Registration No. 11736 Rajesh Kumar Agarwal Partner (Membership No. 105546) UDIN: 2610 5546 TLGPZIL0F2. Place: New Delhi Date: February 06, 2026
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Regd Office:- Lemon 1 01146050101 Lemon Tree Hotels Limited ree Corporate Park, Urban Complex, Ullahawas, ‘ax.: 011-460S0110; E-Mail:sectdeptt@lemontreehotels.com: Website: www.lemontrechotels.com CIN:L74899HRI992PLCI40346 tor 60, Gurugram, Haryana-1 Statement of Unaudited Consolidated Financial Results for the Quarter and Nine Months ended December 31,2025 @ In Labhs, except r share data) Quarter ended Ninc months ended Year cnded December 31, | September 30, | December 31, | December 31, | December 31, | March 31, 205 2025 2024 20, 204 2025 (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Audited) T [tncome Revenue from operations 4060523 3062766 3551760 | 10280994 90.756.25 60777 Other income 169.89 17225 6241 50622 14538 2339 Total income 0772 3079991 10331616 9090163 | 12884116 2 [Expenses Cost of food and beverages consumed 2301.95 200393 196344 628505 536 | 762009 Employee benefit expenses 5.940.11 5852.66 5.642.64 1759064 1614366 | 2184819 Other expenses: - Power and fuel 2,046.07 225559 214769 649090 676097 [ 8779.13 - Others 9.848.36 7.443.03 2485147 26,947.06 Total expenses 20.136.49 17.555.21 55218.06 65,195.47 3 [Profit before depreciation and amortization, finance cost, 2063863 24470 809510 B [ 636569 finance income and tox (1-2) 4 [Finance cost 444149 450522 1374499 1606447 | 2112329 5 |Finance income (297.87) (@75.14) ©903.54) 2200 (1.056.59) 6 |Depreciation and amontization expense 34789 343216 ,507. 1033186 1044230 | 1392965 7 [Net Profit before tax and share of associates (3 1301605 558246 994183 2492479 1736162 | 2964934 8 |Add: Share of (loss) profit of associates 224 056 568 (37.16) 3590 (2670 9 [Profit before exceptional items and tax (7+8) 1301829 558302 995051 2488763 1739752 | 2962264 10 |Exceptional items (Refer note 4) 3.13346 - - 313346 p - 11 [Profit before tax (9-10) 953483 558300 995051 2175417 1739752 | 2962264 12 [Taxexpense: - Cument tax 1,044.57 79256 1.087.29 267580 253878 | 3607 - Deferred ax 657.19 59671 87881 1,891 84 136173 | 167532 13 [Net profit after tax (11-12) BI183.07 419345 798441 17,1865 BS00T | 2431454 14 [Other Comprehensive (loss)income ems that will nat be reclassified to profit and lass Remeasurements of defined benefit plans (61.76) 18.66 G381 (40.28) (11.69) 553 Income tax effect 15.03 (2.44) 119 990 359 (18| 15 [Total Comprehensive Income (13+14) 813634 420767 798| 1715615 1349193 | 2431689 16 [Net profit after tax (11-12) 818307 419335 7.984.41 17,1865 1350001 | 2431454 Adributable to: Eqity holders of the parent 26689 624909 1356027 119406 | 1965811 Non-controlling interests 191618 173532 362626 230505 | 465643 17 |Total Comprehensive Income (13+14) 813634 420767 798179 1715615 1349193 | 2431689 Atributable to: Equity holders of the parent 347062 624623 1353212 s | 1966232 Nan-controlling inerests 1,909.87 737.05 1.735.56 362403 30662 [ 465457 18 [Total Comprehensive Income for the year/ period after non- 622647 347062 62623 13ann L1831 | 1966232 controlling interest 19 [Paid-up cquity share capital T.I8475 79,18475 TONsss | 79084TS 7008455 | 7018475 (Face value of the share 7 10/-) 20 |Other Equity(including nen-cntrolling interest) 99,7539 21 |Eamings per share (Face value of the share 2 10%-) (EPS for quarter and nine months ended periods are not anmualised) Basic EPS 079 044 019 7 141 248 Diluted EPS 079 044 079 L7l 141 248
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Notes: 1. The above unaudited consolidated financial resulis were reviewed by the Audit Commitiee and approved by the Board of Direcrors at their meetings held on February 06, 2026. 2. The above unaudited cansolidated financial results have been preparcd in accordance with the recognition and measurement principles as laid down in the Indian Accounting Standards (referred to as "Ind AS") prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules as amended from time 1o time, “The statutory auditor's report on feview of quarterly and nin months cnded consolidated financial results for the quarter and nine months ended December 31, 2025 is being fled with the Bombay Stock Exchange Limited and National Stock Exchange of India Limited. 3. The paid up share capital of the Company excludes 308,841 (March 31, 2025: 398 841) equity shares held by the ESOP Trust which has been consolidated in accordance with the requirement of IND AS 110 *Consolidared Financial Statements™. 4. Exceptional Items: Particular Quarter ended Nine moaths ended Year ended December 31, | September 30, | December 31, | December 31. | December 31 [ March 31, 2025 2025 2024 2025 2004 2025 (Unauditcd) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Audited) Impact due to new Labour Code and Ex-gratia (Refer note 5 and 6) 25113 - - EINE) - - Setlement of Property Tax matter (Refer note 7) 47854 - - 47854 : - -Expenses related to restructuring of the Group (Refer note 8) 10379 - - 10379 - - Total 313346 B = = B 5. The Government of India has implemented four new Labour Codes ('Codes"), including the Code on Wages, 2019, with effect from November 21, 2025. The Group has carried out actuarial valuation for the quarter and nine manths ended December 31, 2025 considering uniform definition of "wages” as per the Codes on Wages and recorded additional obligation of 2 1,445.06 Takhs. which has been disclosed as an exceptional item in the resuls for the quarter and nine months ended December 31, 2025. The Group continues to monitor the developments peraining to Labour Codes and wil evaluate impact if any on the measurement of Tiability pertaining to employee benefis. 6. During the quarter, the Group has recognised a one-time ex-gratia provision amounting o % 1,106.07 lakhs t0 be paid 10 cerain employees as a goodwill gesture in connection with salary raticnalisation measures undertaken during the COVID-19 period. The said payment is discretionary in nature, does riot arise from any contractual or statutory obligation and is ot part of the Group's regular remuncration framework. The payment is non-recurring and accordingly has been disclosed as an exceptional item. 7. During the quarter, the Group has availed a one-time settlement scheme nofified by the Manicipal Corporation of Delhi for setflement of property tax dues relating (o three hotel ‘properties. The resultant impact of 2 478.54 lakhs has been recogniscd as an exceptional expense, after adjusting the provision of 2 257.67 lakhs already created by the Group towards such liabilities. 8. During the quarter ended December 31, 2025, the Group incurred certain expenses towards legal, professional, advisory and other directly attributable costs in connestion with the proposed Composite Scheme of Arrangement involving demerger and restructuring of the Company and its group entities, which was subscquently approved by the Board of Directors on January 09, 2026, subject to requisite statutory and regulatory approvals. Considering the non-recurring nature of such cxpenses and their direct association with the proposed Composite Scheme of Amangement, the same have been disclosed as exceptional ftems n the Statement of Profit and Loss for the quarter and nine months cnded December 31, 2025. 9. Subsequent to the quarter caded December 31, 2025. the Board of Directors of the Group, at ts meeting held on January 09, 2026, approved 2 proposed Compasite Scheme of Amangement involving merger and demerger of certain group entities, iner alia, esulting in scgregation of the hotel ownership & development business and the holel management & brand business ino separate focused pltforms. The proposed Composite Scheme of Arrangement is subject o receipt of necessary statutory, regulatory and sharcholder approvals. including approvals from the stock exchanges, National Company Law Tribunal and other applicable authorites. The Scheme (ppointed date: April 01, 2026) shall become effective upon receipt of such approvals and filing of the requisite orders with the Registrar of Companics. 10. The Group is into Hoteliering business and operates in a single operating sement therefore it did not give rise 1o differcat operating segments in accordance with Ind AS 108 - Operating Seements. Further, due to seasonal nature of the Indian hotel indusiry, the Group's consolidated financial results for the cumrent quarter and nine months ended are not indicative of a full year's operation By order of the Board for Lemon Tsee Hotels Limited 7 e i Patanjali Govind Keswani (Chairman & Exceutive Director) Plage : New Delhi Date ; February 06, 2026