Oberoi Hotels' parent EIH Q3 profit rises 52 percent to Rs 230 crore

Sequentially, the hotel chain reported a 144 percent rise in profit from Rs 94.14 crore reported in the September quarter of FY24

Moneycontrol News
February 07, 2024 / 10:02 AM IST

EIH recorded consolidated revenue of Rs 552.5 crore and EBITDA of Rs 164.9 crore in Q2.

 
 
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Hospitality chain EIH Limited, the flagship company of the Oberoi Group reported an increase of 52 percent in profit to Rs 229.94 in the December quarter of FY24, up from Rs 151.08 crore during the same period a year ago.

Sequentially, the hotel chain reported a 144 percent rise in profit from Rs 94.14 crore reported in the September quarter of FY24.

The company's total income increased to Rs 769.87 crore from Rs 603.22 crore in Q3 FY23.

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Moneycontrol News
Tags: #EIH Limited #q3 results #Technology
first published: Feb 6, 2024 07:25 pm

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