EIH Associated Hotels Reports Q3FY26 Results with 1.7% Profit Growth
EIH Associated Hotels Limited announced Q3FY26 unaudited results showing profit after tax growth of 1.7% to Rs. 4,059.42 lakhs despite revenue challenges. The company demonstrated strong cost management with 8.7% expense reduction and maintained strategic hotel operations with Trident Jaipur renovation ongoing and Trident Agra banquet facility planned for April 2027.
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EIH Associated Hotels Limited, a member of the prestigious Oberoi Group, announced its unaudited financial results for the quarter ended 31st December 2025 under Regulation 33 of SEBI Listing Regulations. The Board of Directors approved the results at their meeting held on 9th February 2026, which commenced at 1:00 PM and concluded at approximately 3:00 PM.
Financial Performance Overview
The company's financial performance for Q3FY26 showed mixed results with profit growth despite revenue challenges:
| Metric: | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations: | Rs. 12,946.65 lakhs | Rs. 13,301.10 lakhs | -2.7% |
| Other Income: | Rs. 475.11 lakhs | Rs. 408.53 lakhs | +16.3% |
| Total Income: | Rs. 13,421.76 lakhs | Rs. 13,709.63 lakhs | -2.1% |
| Profit After Tax: | Rs. 4,059.42 lakhs | Rs. 3,991.11 lakhs | +1.7% |
| Total Comprehensive Income: | Rs. 4,100.55 lakhs | Rs. 3,987.88 lakhs | +2.8% |
Operational Efficiency and Cost Management
The company maintained strong cost discipline across various expense categories. Total expenses for the quarter amounted to Rs. 7,627.72 lakhs compared to Rs. 8,357.27 lakhs in Q3FY25, representing a significant 8.7% reduction. Key expense components included consumption of provisions, wines and others at Rs. 923.30 lakhs, employee benefits expense of Rs. 1,702.41 lakhs, and other expenses totaling Rs. 4,566.31 lakhs.
Exceptional Items and Labour Code Impact
The quarter was impacted by exceptional items worth Rs. 328.17 lakhs, primarily related to the implementation of new Labour Codes. The company recognized an incremental obligation due to increased employee benefit liabilities arising from the Code on Wages 2019, Industrial Relations Code 2020, Code on Social Security 2020, and Occupational Safety, Health and Working Conditions Code 2020, which were notified by the Government of India on 21st November 2025.
Nine-Month Performance Analysis
For the nine months ended 31st December 2025, the company's performance metrics were:
| Parameter: | 9M FY26 | 9M FY25 | Variance |
|---|---|---|---|
| Revenue from Operations: | Rs. 25,653.70 lakhs | Rs. 26,832.93 lakhs | -4.4% |
| Profit After Tax: | Rs. 4,953.92 lakhs | Rs. 4,557.21 lakhs | +8.7% |
| Basic EPS: | Rs. 8.13 | Rs. 7.48 | +8.7% |
Hotel Operations and Strategic Developments
The company continues to manage its hotel portfolio strategically. Trident Jaipur remains temporarily closed for renovation since 1st July 2025, with the company having realized a gain of Rs. 83.99 lakhs on disposal of property, plant and equipment during Q2FY26. The Board approved the expected opening date of the Banquet Facility at Trident Agra for April 2027, indicating continued investment in expanding facilities.
Regulatory Compliance and Audit
The unaudited financial results were prepared in accordance with Indian Accounting Standard 34 and reviewed by the Audit Committee. Deloitte Haskins & Sells LLP conducted a limited review of the financial results, with Partner Neha Malhotra confirming compliance with SEBI Listing Regulations. The company maintained its paid-up equity share capital at Rs. 6,093.63 lakhs with basic and diluted earnings per share for Q3FY26 at Rs. 6.66.
Historical Stock Returns for EIH Associated Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.06% | +6.28% | -0.10% | -5.99% | -12.50% | +153.75% |
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