EIH Ltd. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 30, 2013 at 06:32 pm IST
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EIH Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales of INR 3,183.7 million, profit from operations before other income, finance costs and exceptional items of INR 625.9 million, profit from ordinary activities before tax of INR 490.8 million and net profit of INR 327.7 million or INR 0.57 per basic and diluted share compared to net sales of INR 3,125.3 million, profit from operations before other income, finance costs and exceptional items of INR 776.9 million, profit from ordinary activities before tax of INR 668.0 million and net profit of INR 452.5 million or INR 0.79 per basic and diluted share reported in the same period last year.
For the nine months, the company reported net sales of INR 7,909.4 million, profit from operations before other income, finance costs and exceptional items of INR 519.4 million, profit from ordinary activities before tax of INR 362.0 million and net profit of INR 239.2 million or INR 0.42 per basic and diluted share compared to net sales of INR 7,931.2 million, profit from operations before other income, finance costs and exceptional items of INR 1,097.4 million, profit from ordinary activities before tax of INR 964.3 million and net profit of INR 772.9 million or INR 1.35 per basic and diluted share reported in the same period last year.
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 
