EIH Q3 profit up 25 pct Rs 41 cr

PTI Posted online: Thursday, Jan 30, 2014 at 0000 hrs
New Delhi : Hospitality major EIH Ltd, which runs hotels and resorts under Oberoi and Trident brands, today reported rise of 25.17 per cent in net profit to Rs 41.02 crore for the third quarter ended December 31, 2013-14 fiscal.

It had posted profit of Rs 32.77 crore in the October- December period of previous fiscal, 2012-13, EIH said in a filing to BSE.

Its total income in Q3, 2013-14 rose to Rs 354.95 crore, from Rs 323.63 crore for the year-ago period.

Founded in 1934, The Oberoi Group operates 30 hotels, a Nile Cruiser and a Motor Vessel in the backwaters of Kerala. It has presence in six countries under the luxury 'Oberoi' and five-star 'Trident' brand.

The group is also engaged in flight catering, airport restaurants, travel and tour services, car rentals, project management and corporate air charters.

Shares of EIH closed at Rs 55.25 per scrip on BSE, down 0.81 per cent.