EIH Limited reported a standalone net profit of ₹127.09 crore for the quarter ended June 30, 2026, marking a 248% year-on-year increase from ₹36.36 crore in Q1FY26. The significant jump was primarily driven by robust operational performance and the absence of exceptional losses that weighed on the same period last year. Consolidated net profit attributable to owners rose 247% to ₹117.14 crore, reflecting strong underlying business momentum across its hotel portfolio.

Revenue from operations stood at ₹599.80 crore on a standalone basis, up 15.6% compared to ₹518.77 crore in the corresponding quarter of the previous year. Consolidated revenue grew 14.5% to ₹656.96 crore against ₹573.58 crore. The improvement in profitability is notable given that the prior-year period included a ₹110.32 crore exceptional loss related to the Mashobra Resort Limited (MRL) dispute resolution. In Q1FY27, no such exceptional items impacted the bottom line, allowing core operational gains to translate directly into higher earnings.

Financial Performance Highlights

*Consolidated figures represent profit attributable to owners of EIH Limited.

Operating expenses increased in line with revenue growth. Employee benefits expense rose to ₹148.73 crore (standalone) and ₹161.03 crore (consolidated), while other expenses grew to ₹237.09 crore and ₹260.69 crore respectively. Finance costs remained stable at ₹3.69 crore standalone and ₹5.59 crore consolidated. Earnings per share (basic) improved significantly to ₹2.03 from ₹0.58 on a standalone basis, and to ₹1.87 from ₹0.54 on a consolidated basis.

What the Numbers Show

The dramatic turnaround in profitability underscores the successful normalization of EIH Limited’s financials following the conclusion of the long-standing MRL dispute. In Q1FY26, the company recorded a ₹110.32 crore exceptional loss due to adjustments in the value of its investment in MRL and write-downs of recoverable advances. With these one-time charges absent in Q1FY27, the current quarter’s results reflect pure operational strength. Revenue growth exceeding 15% indicates strong demand recovery and pricing power in the luxury hospitality segment, particularly as the company navigates the post-pandemic travel landscape.

The Board of Directors approved the unaudited financial results during its meeting held on August 6, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, Deloitte Haskins & Sells LLP, in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial statements were prepared in compliance with Indian Accounting Standard 34 on Interim Financial Reporting.

An investor conference call is scheduled for August 12, 2026, at 11:00 AM IST to discuss the quarterly performance. Managing Director & CEO Vikram Oberoi and CFO Vineet Kapur will lead the discussion, providing insights into operational metrics and strategic initiatives. The session will be facilitated by SKP Securities Ltd via Microsoft Teams.

EIH Limited has scheduled its 76th Annual General Meeting (AGM) for Friday, August 7, 2026, at 11:30 A.M. through Video Conferencing and Other Audio-Visual Means (VC/OAVM). The Board of Directors has recommended a final dividend of ₹1.50 per equity share of face value ₹2 each for the financial year ended March 31, 2026, subject to shareholder approval at the AGM. The company has fixed Friday, July 31, 2026, as the record date to determine the entitlement of members to the dividend and eligibility for e-voting.

The Register of Members and Register of Beneficial Owners will be closed from Friday, July 31, 2026, to Friday, August 7, 2026 (both days inclusive). Shareholders whose names appear in the registers as on the record date will be eligible to receive the dividend, which is proposed to be paid by August 31, 2026. The company has also communicated details regarding the deduction of tax at source on dividend payments under the relevant provisions of the Income Tax Act, 2025.

National Securities Depository Limited (NSDL) has dispatched the Annual Report for the Financial Year 2025-26 along with the AGM Notice to shareholders via email on July 14, 2026. For members whose email addresses are not registered, a letter providing a web link to access the documents has been sent. The reports are also available on the company's website and the websites of the stock exchanges.

The facility for remote e-voting will be available from Tuesday, August 4, 2026, at 10:00 A.M. to Thursday, August 6, 2026, at 5:00 P.M. Members who cast their votes through remote e-voting prior to the AGM may attend the meeting but will not be entitled to vote again. The Board has appointed Dr. Ajay Kumar Jain, Jus & Associates Practicing Company Secretary, as the Scrutinizer to conduct the e-voting process. The results of the voting will be declared within two working days from the conclusion of the AGM.

Shareholders holding shares in physical mode who have not registered their email addresses are requested to send a duly filled and signed Form ISR-1 to the company's Registrar and Transfer Agent. Those holding shares in dematerialized mode may contact their Depository Participants to update their details.

Key Dates for EIH Limited AGM