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.