ET BureauThe chain reported earnings before interest, tax, depreciation, and amortization (EBITDA) of Rs 165 crore for the second quarter, up 64% year on year.
Vikram Oberoi, MD and CEO of EIH Ltd. said he is pleased with the 'outstanding' financial results achieved in the second quarter of FY24.
"The substantial increase in revenue and profitability is a testament to the hard work of our team and the ongoing trust of our loyal guests," he added. Arjun Oberoi, executive chairman of EIH Ltd. stated the company has achieved 'exceptional' financial results in the second quarter of financial year 2024.
"We've seen significant growth in both revenue and profitability. We remain committed to providing outstanding hospitality and expanding our presence in key markets. We appreciate the continued support of our guests and partners and look forward to continued growth and success," he added.
EIH Ltd. had reported a profit after tax of Rs 106 crore for quarter one of this financial year, up 61% year on year. The company clocked revenues of Rs 522.6 crore for the quarter ended June, up 26.7% year on year.
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