EIH Associated Hotels Limited, operating luxury Oberoi and Trident properties, reported impressive Q1 results. Total income rose 6.80% to Rs. 73.70 crores, EBITDA grew 51.40% to Rs. 13.90 crores, and PAT surged 73.10% to Rs. 6.20 crores. Occupancy rates reached 61-63%, with Average Room Rate increasing 9-11% to Rs. 7,600-7,800. The company maintains a strong financial position with a net worth of Rs. 543.00 crores and a fund position of Rs. 268.00 crores. The Indian hospitality sector's growth is driven by domestic tourism, corporate travel, and infrastructure improvements.
EIH Associated Hotels, part of The Oberoi Group, has reported strong Q1 financial results. Net profit increased by 72% year-over-year to ₹617.60 lakhs, while revenue grew 6.6% to ₹6,874.35 lakhs. The company's earnings per share improved to ₹1.01. An exceptional charge of ₹131.20 lakhs was reported due to the temporary closure of Trident Jaipur for renovation. The Board proposed a final dividend of ₹3.50 per share and issued bonus shares in a 1:1 ratio.
16May 25
EIH Associated Hotels Reports Q4 Growth and Plans New Banquet Facility in Agra
EIH Associated Hotels announced Q4 results with 6.06% revenue growth to ₹1,400.00 million and 1.14% EBITDA increase to ₹505.70 million. The company plans to invest ₹290.00 million in a new banquet facility in Agra, signaling expansion efforts despite a slight EBITDA margin decline from 37.79% to 36.14%.
16May 25
EIH Associated Hotels Reports 25.7% Jump in Q4 Net Profit
EIH Associated Hotels has reported a significant increase in its fourth-quarter net profit, rising 25.7% year-over-year to ₹46.28 crore. The company's revenue grew by 5.79% to ₹137.1 crore, while EBITDA improved to ₹57.9 crore. Annual revenue increased by 15.63% to ₹397.9 crore, with annual net profit up 25.39% to ₹81.0 crore. The company's operational efficiency remained strong with an operating profit margin of 40.46% in Q4.