Lemon Tree Hotels Signs 100-Room Premier Property in Madurai

11 Aug 2026 CW Team

Lemon Tree Hotels Limited has signed a new 100-room Lemon Tree Premier property in Madurai, strengthening its presence across Tamil Nadu’s commercial and leisure markets.

The property will be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels. Following the signing, the group’s Tamil Nadu portfolio comprises eight properties, including five operational hotels and three upcoming developments.

The hotel will feature 100 rooms along with a restaurant, banquet facilities, a meeting room, fitness centre and swimming pool. It will cater to both business and leisure travellers, while also providing facilities for meetings and events.

Vishvapreet Singh Cheema, President, Lemon Tree Hotels Ltd., said Madurai’s position as a cultural, pilgrimage and commercial centre creates demand from corporate and leisure travellers. He added that the signing supports the company’s strategy of expanding across high-potential urban markets in South India.

The property is located around 14 km from Madurai Airport and approximately 3 km from Madurai Railway Station, providing connectivity to key destinations across the country.

Real Estate

11 Aug 2026

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

ideaForge Q1 FY27 Revenue at Rs 680.6 million; EBITDA Turns Positive

ideaForge Technology Limited reported revenue from operations of Rs 68.6 crore in Q1 FY27, while executing more than 20% of its opening order book for the financial year. The company also reported positive EBITDA during the quarter.ideaForge entered FY27 with an order book of over Rs 300 crore and is targeting delivery of the opening order book by Q3, in line with customer timelines. The company said global supply chain disruptions and component availability continue to pose challenges.During the quarter, ideaForge completed a Rs 500 crore Qualified Institutional Placement (QIP), with particip..

Websol Energy Q1 FY27 Revenue Rises 70% to Rs 3.73 billion

Websol Energy System Limited reported revenue from operations of Rs 372.60 crore in Q1 FY27, up 70% from Rs 218.75 crore in Q1 FY26.EBITDA increased 21% year-on-year to Rs 125.58 crore from Rs 103.48 crore, while profit after tax rose 16% to Rs 77.79 crore from Rs 67.18 crore. EBITDA margin stood at 34%, compared with 47% in the corresponding quarter last year, while PAT margin declined to 21% from 30%.Solar cell production increased to 259 MW during the quarter from 126 MW a year earlier, with capacity utilisation at 92%. Module production rose to 103 MW from 50 MW, while module capacity util..