1 week ago
EBITDA surged 18.3% to ₹159.8 crore in the first quarter over ₹135.1 crore year-on-year. The EBITDA margin expanded to 27.8% versus 25.6% in the year-ago quarter. Shares of EIH Ltd ended at ₹372.90, down by ₹3.30 or 0.88%, on the BSE today (August 5).
Oberoi Group hospitality firm EIH Ltd on Tuesday (August 5) reported a 63.1% year-on-year (YoY) drop in net profit at ₹33.9 crore for the first quarter that ended June 30, 2025. In the corresponding quarter of the previous fiscal, EIH posted a net profit of ₹92.1 crore.
The company's revenue from operations increased 9% to ₹573.5 crore against ₹526.5 crore last year.
Also Read: ITC acquires stake in EIH and HLV ahead of hotel business demerger
At the operating level, EBITDA surged 18.3% to ₹159.8 crore in the first quarter over ₹135.1 crore year-on-year. The EBITDA margin expanded to 27.8% compared to 25.6% in the year-ago quarter.
EIH has announced that, based on the recommendation of the Nomination and Remuneration Committee, the board of directors has approved the elevation of Rupesh Tomar to the position of head of procurement functions, effective the same day. Following this elevation, Tomar will be classified as part of the senior management.
The results came after the close of the market hours. Shares of EIH Ltd ended at ₹372.90, down by ₹3.30 or 0.88%, on the BSE today (August 5).
Also Read: EIH Q4 Results | Net profit grows 6% to ₹262 crore, revenue surges 12%; declares dividend
(Edited by : Shoma Bhattacharjee)
