Social News XYZ     

EIH Ltd reports Rs 9.48 cr net profit in Q1

Posted By: Doraiah Vundavally August 1, 2017

EIH Ltd reports Rs 9.48 cr net profit in Q1Kolkata, Aug 1 (IANS) Hospitality major EIH Ltd on Tuesday reported a net profit of Rs 9.48 crore in the quarter ended June 30, compared with a net loss of Rs 12.96 crore in the corresponding period last year.

Its total revenue during the quarter under review was Rs 303.26 crore, up by 8.66 per cent from Rs 279.09 crore in the corresponding period last year.

The Oberoi, New Delhi, was scheduled to open in early April 2018, after complete renovation and the progress on site has been "very satisfactory", it said.

 

"The hotel is now likely to open in January, 2018," it said in a regulatory filing.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

Facebook Comments
EIH Ltd reports Rs 9.48 cr net profit in Q1

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.