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EIH Hotels Q4 results: Net profit rises 66.46% to Rs 33.16 crore


India

EIH Hotels Q4 results: Net profit rises 66.46% to Rs 33.16 crore

The company had posted a consolidated net profit of Rs 19.92 crore in the same quarter previous fiscal, EIH Hotels said in a regulatory filing.PTI|Last Updated: Jun 26, 2020, 10.35 PM ISTGetty ImagesConsolidated revenue from operations during the quarter under review stood at Rs 410.44 crore as compared to Rs 503.45 crore in the year-ago…

The company had posted a consolidated win revenue of Rs 19.92 crore within the identical quarter previous fiscal, EIH Accommodations mentioned in a regulatory filing.

PTI|

Last Up to this point: Jun 26, 2020, 10.35 PM IST

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Puravankara Q4 profit zooms 59%
Consolidated revenue from operations throughout the quarter below review stood at Rs 410.44 crore as when compared with Rs 503.45 crore within the one year-within the past duration, it added.

Recent Delhi: EIH Accommodations, which runs chain of hotels and hotels below Oberoi impress, on Friday reported 66.46 per cent broaden in consolidated win revenue to Rs 33.16 crore within the fourth quarter ended March 31.

The company had posted a consolidated win revenue of Rs 19.92 crore within the identical quarter previous fiscal, EIH Accommodations mentioned in a regulatory filing.

Consolidated revenue from operations throughout the quarter below review stood at Rs 410.44 crore as when compared with Rs 503.45 crore within the one year-within the past duration, it added.

For 2019-20, the company mentioned its consolidated win revenue became at Rs 165.14 crore as against Rs 148.96 crore in 2018-19.

Consolidated revenue from operations for FY20 became at Rs 1,596.25 crore as when compared with Rs 1810.82 crore in FY19, it mentioned.

In a separate filing, EIH Ltd mentioned the outcomes of COVID-19 outbreak on its alternate for the monetary one year ended March 31, 2020 had been restricted, as alternate became impacted most efficient within the latter half of March 2020.

Nonetheless, in gape of the persisted influence in Q1 FY20, quite a bit of cost rationalisation measures had been initiated subsequent to the one year slay and are being monitored, it added.

The company extra mentioned hotels in most locations had been allowed to resume operations efficient June 8 with the steadiness waiting for to begin by July 1.

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