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EIH Q3 profit rises 6% to Rs 103 crore

New Delhi: Hospitality firm EIH, which runs hotels and resorts under Oberoi and Trident brands, on Friday reported a 5.76 per cent rise in consolidated net profit at Rs 102.56 crore for the quarter ended December 31, 2019.

The company had posted a net profit of Rs 96.97 crore for the corresponding period of the previous fiscal, EIH Ltd said in a filing to the BSE.

Consolidated total revenue of the company stood at Rs 534.13 crore for the quarter under consideration as against Rs 547.24 crore in December quarter a year ago.

Shares of EIH on Friday closed at Rs 146.95 per scrip on the BSE, down 0.27 per cent from previous close.

Source: Economic Times