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.
--IANS
bdc/tsb/vd
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app