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EIH reports over 3- fold jump in Q3 consolidated net profit

13 Feb 2023 Evaluate

EIH has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported 3- fold jump in its net profit at Rs 103.94 crore for Q3FY23 as compared to Rs 32.57 crore for the same quarter in the previous year. Total income of the company increased by 61.72% at Rs 524.49 crore for the quarter under review as compared Rs 324.32 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 3- fold jump in its net profit at Rs 151.08 crore for Q3FY23 as compared to Rs 41.85 crore for the same quarter in the previous year. Total income of the company increased by 61.91% to Rs 603.22 crore for the quarter under review as compared to Rs 372.57 crore for the same quarter in the previous year.

Peers
Company Name CMP
The Indian Hotels Co 718.85
ITC Hotels 154.15
Mahindra Holi.&Resor 195.10
EIH 294.20
Chalet Hotels 852.00
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