Posted inOperations

EIH Ltd reports a consolidated revenue of Rs 552 Crore in Q2FY24

EIH Ltd, a leading hospitality company and a member of The Oberoi Group, has reported record financial results for the second quarter of fiscal year 2023-24 (Q2 FY24).

EIH Ltd, a leading hospitality company and a member of The Oberoi Group, has reported record financial results for the second quarter of fiscal year 2023-24 (Q2 FY24).

Key Financial Highlights:

 Standalone ResultsConsolidated Results
 Q2 FY24YoY Growth (%)Q2 FY24YoY Growth (%)
RevenueRs. 489.6 Cr.+33.2%Rs. 552.5 Cr.+32.5%
EBITDARs. 148.4 Cr.+65.6%Rs. 164.9 Cr.+63.9%
Profit After TaxRs. 85.2 Cr.+213.2%Rs. 94.1 Cr.+321.2%

Commenting on the results, Arjun Oberoi, Executive Chairman, EIH Ltd, stated, “Our company has achieved exceptional financial results in the second quarter of FY24. We’ve seen significant growth in both revenue and profitability. We remain committed to providing outstanding hospitality and expanding our presence in key markets. We appreciate the continued support of our guests and partners and look forward to continued growth and success.”

Vikram Oberoi, CEO&MD, EIH Ltd, added, “We are pleased with the outstanding financial results achieved in the second quarter of FY24. The substantial increase in revenue and profitability is a testament to the hard work of our team and the ongoing trust of our loyal guests.”