ETMarkets.comEIH Limited reported earnings before interest, tax, depreciation, and amortization (EBITDA) of Rs 180 crore for quarter one, up 53.1% year on year.
Vikram Oberoi, CEO and MD of EIH Limited said the significant growth in revenue and profitability reflects the dedication of the team and the enduring trust of its valued guests.
EIH Limited had clocked a profit after tax of Rs 92 crore for quarter four, up 481% year on year.
The company had reported consolidated revenues of Rs 664 crore for quarter four of financial year 2023, up 110% year on year.
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Byju’s, Davidson Kempner in Talks to Settle DisputeByju’s and New York-based investor Davidson Kempner Capital have begun negotiations to settle their dispute over the breach of a loan covenant linked to the Indian edtech company’s test preparation subsidiary, Aakash Institute.
Laptop, Tablet Sales Jump on Import CurbsLaptops and tablets are flying off the shelves and ecommerce sites amid concerns about shortages and price increases following the government’s decision to restrict their free import.
Antfin Sells 10.3% Paytm Stake to CEO Vijay Shekhar Sharma for DebenturesPaytm founder and CEO Vijay Shekhar Sharma has reduced the shareholding of Chinese financial services major Ant Financial in the Indian fintech firm through an intricately structured deal that bestows on him more control over the Noida-headquartered company.
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