EIH Associated Hotels reports stellar FY11 numbers

EIH Associated Hotels has reported results for the year ended March 31, 2011.

The company has reported a growth of 127.22% in its net profit for the year ended March 31, 2011 at Rs 12.02 crore as compared to Rs 5.29 crore for the year ended March 31, 2010. Its total sales have increased by 17.42% at Rs 174.74 crore for the year under review from Rs 148.81 crore for a period ago.

On consolidated basis, the Group‘s net profit for the year ended March 31, 2011 has zoomed by 274.30% at Rs 9.32 crore as compared to Rs 2.49 crore for the year ended March 31, 2010. Total sales have increased by 16.50% at Rs 182.39 crore for the year from Rs 156.56 crore for the previous year.