X

EIH Associated Hotels Ltd Q1FY24; 28% rise in Profits

EIH Associated Hotels Ltd is primarily engaged in owning premium luxury hotels under the luxury ‘Oberoi’ and five-star ‘Trident’ brands.

Financial Results:

EIH Associated Hotels Ltd reported Revenues for Q1FY24 of ₹66.86 Crores up from ₹60.10 Crore year on year, a rise of 11.25%.

Total Expenses for Q1FY24 of ₹60.55 Crores up from ₹53.22 Crores year on year, a rise of 13.77%.

Consolidated Net Profit of ₹7.25 Crores up 27.64% from ₹5.68 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.38, up 27.96% from ₹1.86 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Related Post