02 Mar 2026 | 3 Mins Read
Leela Palaces vs Lemon Tree: Quarter 3 FY26 performance comparison
Flipitmoney
The Indian hotel industry has two small-cap giants, Leela Palaces and Lemon Tree, with market capitalization over Rs 10000. Both expect EBITDAs to reach Rs 2000 Cr in coming years. In Q3 FY26, Leela Palaces reported improved revenue and operating profits, outperforming Lemon Tree in terms of financial growth.