Posted inBusiness

EIH Ltd shows record-breaking surge in revenue and profit

…reveals the company's Q1 FY24 financial report.

Power List 2020: EIH Limited
Vikram Oberoi, CEO & MD, EIH Ltd.

EIH Ltd, a leading hospitality company that owns and operates an exceptional portfolio of hotels and resorts under the prestigious ‘Oberoi’ and ‘Trident’ brands in India and abroad, has reported record financial results for the first quarter of fiscal year 2023-24 (Q1 FY24).

Key Financial Highlights:

 Standalone ResultsConsolidated Results
 Q1 FY24YoY Growth (%)Q1 FY24YoY Growth (%)
RevenueRs. 454.7 Cr.+27.4%Rs. 522.6 Cr.+26.7%
EBITDARs. 153.6 Cr.+63.8%Rs. 180.0 Cr.+53.1%
Profit After TaxRs. 90.0 Cr.+112.3%Rs. 106.0 Cr.+61.0%

Commenting on the exceptional results, Vikram Oberoi, CEO & MD, EIH Ltd, stated, “We are delighted with the remarkable financial performance for the first quarter of FY24. The significant growth in revenue and profitability reflects the dedication of our team and the enduring trust of our valued guests.”