Hot Pursuit     24-Jan-20
EIH Associated Hotels gains after Q3 profit rises 17.5%
EIH Associated Hotels rose 2.59% to Rs 303.05 after the hotel management company announced decent Q3 numbers after market hours yesterday, 23 January 2020.
On standalone basis, the company reported a 17.5% rise in net profit to Rs 20.37 crore in Q3 December 2019 as against Rs 17.33 crore reported in Q3 December 2018. Net sales for the quarter rose 1.2% to Rs 85.82 crore on YoY basis.

Profit before tax stood at Rs 28.67 crore in Q3 December 2019, up by 6.6% from Rs 26.90 crore in Q3 December 2018. Tax expenses declined 18.4% to Rs 8.08 crore in Q3 FY20 from Rs 9.9 crore in Q3 FY19.

EIH Associated Hotels is an associate company of EIH, the flagship company of the Oberoi Group, one of the largest and most well-known hospitality groups in India. EIH will announce its Q3 December 2019 earnings today. EIH holds 36.81% stake in EIH Associated Hotels

Previous News
  EIH Associated Hotels reports standalone net profit of Rs 0.53 crore in the September 2018 quarter
 ( Results - Announcements 31-Oct-18   16:02 )
  EIH Associated Hotels standalone net profit declines 5.29% in the June 2019 quarter
 ( Results - Announcements 31-Jul-19   08:23 )
  EIH Associated Hotels standalone net profit rises 288.86% in the March 2023 quarter
 ( Results - Announcements 17-May-23   07:36 )
  EIH Associated Hotels to table Quarterly Result
 ( Corporate News - 09-Jul-19   10:46 )
  EIH Associated Hotels reports standalone net loss of Rs 2.24 crore in the September 2014 quarter
 ( Results - Announcements 01-Nov-14   08:08 )
  EIH Associated Hotels net profit rises 77.78% in the June 2014 quarter
 ( Results - Announcements 08-Aug-14   17:37 )
  EIH Associated Hotels to table results
 ( Corporate News - 25-Oct-22   16:39 )
  Board of EIH Associated Hotels recommends final dividend
 ( Corporate News - 31-May-17   16:35 )
  EIH Associated Hotels reports net loss of Rs 1.83 crore in the June 2011 quarter
 ( Results - Announcements 12-Aug-11   17:44 )
  EIH Associated Hotels Recommends Dividend
 ( Corporate News - 30-May-13   11:45 )
  EIH Associated Hotels to announce Q3 and 9M results
 ( Corporate News - 09-Jan-17   15:47 )
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