EIH Q3 net up 6.33 per cent at Rs 43.62 crore

NEW DELHI: Hospitality major EIH Ltd, which runs hotels and resorts under Oberoi and Trident brands, today reported a 6.33 per cent rise in standalone net profit at Rs 43.62 crore for the third quarter ended December 31, 2014.

The company had posted a profit of Rs 41.02 crore in the October-December period of the previous fiscal, EIH said in a filing to the BSE.

Its total income from operations in the quarter under review grew by 6.60 per cent to Rs 378.38 crore, from Rs 354.95 crore for the year-ago period.

Founded in 1934, The Oberoi Group operates 30 hotels, a Nile Cruiser and a Motor Vessel in the backwaters of Kerala. It has presence in six countries under the luxury 'Oberoi' and five-star 'Trident' brand.

The group is also engaged in flight catering, airport restaurants, travel and tour services, car rentals, project management and corporate air charters.

Shares of EIH closed at Rs 113.15 per scrip on the BSE, up 1.85 per cent from its previous close.