EIH reports fall of 39% in its Q1 net profit

EIH has reported results for first quarter ended June 30, 2012.

The company has registered a fall of 38.83% in its net profit at Rs 9.45 crore for the quarter under review as compared to Rs 15.45 crore for the same quarter in the previous year. The total income from operation of the company has declined marginally by 3.10% at Rs 247.90 crore for Q1FY13 as compared Rs 255.84 crore for the corresponding quarter previous year.

EIH is engaged in business of operating and managing luxury hotels, restaurants, management contracts and travel and tours. This Delhi-based company is a flagship company of the Oberoi group.