EIH has reported results for third quarter ended December 31, 2011.
The company has posted a rise of 59.39% in its net profit of Rs 45.25 crore for the quarter ended December 31, 2011 as compared to Rs 28.39 crore for the same quarter in the previous year on account of lower interest payment.
Total income has increased by 4.17% from Rs 302.00 crore for Q3FY11 to Rs 314.58 crore in the quarter under review. During the quarter under review the company’s interest outgo was Rs 11.63 crore compared to Rs 40.29 crore during the third quarter of last fiscal.