EIH Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 22, 2023 at 10:28 am
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EIH Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 6,370.6 million compared to INR 3,009.5 million a year ago. Revenue was INR 6,638.5 million compared to INR 3,168.4 million a year ago. Net income was INR 843.7 million compared to INR 148.3 million a year ago. Basic earnings per share from continuing operations was INR 1.35 compared to INR 0.3 a year ago. Diluted earnings per share from continuing operations was INR 1.35 compared to INR 0.3 a year ago. Basic earnings per share was INR 1.35 compared to INR 0.24 a year ago. Diluted earnings per share was INR 1.35 compared to INR 0.24 a year ago.
For the full year, sales was INR 20,188.1 million compared to INR 9,852.6 million a year ago. Revenue was INR 20,964.1 million compared to INR 10,439.5 million a year ago. Net income was INR 3,145.8 million compared to net loss of INR 974.6 million a year ago. Basic earnings per share from continuing operations was INR 5.19 compared to basic loss per share from continuing operations of INR 1.38 a year ago. Diluted earnings per share from continuing operations was INR 5.19 compared to diluted loss per share from continuing operations of INR 1.38 a year ago. Basic earnings per share was INR 5.03 compared to basic loss per share of INR 1.56 a year ago. Diluted earnings per share was INR 5.03 compared to diluted loss per share of INR 1.56 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 
