EIH Limited Announces Unaudited Earnings Results for the Quarter and Nine Months Ended December 31, 2018
January 30, 2019 at 08:04 am
Share
EIH Limited announced unaudited earnings results for the quarter and nine months ended December 31, 2018. For the quarter, revenue from operations was INR 4,439.2 million against INR 3,620.7 million a year ago. Profit before exceptional item and tax was INR 1,014.7 million against INR 670.3 million a year ago. Profit for the period was INR 638.9 million against INR 426.5 million a year ago. Basic earnings per share was INR 1.12 against INR 0.75 a year ago.
For the nine months, revenue from operations was INR 11,123.5 million against INR 9,189.0 million a year ago. Profit before exceptional item and tax was INR 1,344.9 million against INR 858.4 million a year ago. Profit for the period was INR 1,005.6 million against INR 561.4 million a year ago. Basic earnings per share was INR 1.76 against INR 0.98 a year ago.
EIH Limited is an India-based luxury hospitality company. The Company is primarily engaged in owning and managing luxury hotels and cruisers under the luxury Oberoi and Trident brands. The Company is also engaged in flight catering, airport restaurants, project management and corporate air charters. The Company's hotel services include accommodation, food and beverage and other services provided by hotel, inns, resorts, holiday homes, restaurants and caterers, among others. Its other services include shop licensing, management and marketing, laundry, spa, guest transfers, membership, loyalty program and other allied services. The Company owns and operates hotels, which include The Oberoi, Mumbai; The Oberoi Udaivilas, Udaipur; The Oberoi, New Delhi; The Oberoi Vanyavilas, Ranthambhore; The Oberoi, Bengaluru; Trident, Nariman Point, Mumbai; The Oberoi Grand, Kolkata, and Trident, Bandra Kurla, Mumbai. It owns and manages Maidens Hotel in New Delhi. Its Oberoi One is a loyalty program.
EIH LIMITED 
