Hot Pursuit     29-Nov-23
Lemon Tree Hotels’ president Vikramjit Singh resigns
Lemon Tree Hotels informed that Vikramjit Singh has resigned from his position as the president of the company to pursue an entrepreneurial role.
The resignation of Vikramjit Singh shall be effective from the closure of working hours of 31 January 2024.

Lemon Tree Hotels is engaged to carry out business of developing, owning, acquiring, renovating, operating, managing and promoting hotels, motels, resorts, restaurants, etc. under the brand name of Lemon Tree Hotel, Lemon Tree Premier, Red Fox Hotel, Aurika, Keys Select, Keys Prima and Keys Lite. Also, some of the Group companies provide project management services and learning & development services.

The company’s consolidated net profit jumped 35.1% to Rs 22.65 crore on 15.5% increase in net sales to Rs 227.20 crore in Q2 FY24 over Q2 FY23.

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