EIH Q3 net declines 21 pc to Rs 42.65 cr

Hospitality major EIH Ltd, which runs hotels and resorts under the Oberoi and Trident brands, today reported a 21.46 per cent fall in its net profit to Rs 42.65 crore for the third quarter ended December 31, 2017.
The company had posted a net profit of Rs 54.31 crore for the corresponding period of the previous fiscal, EIH said in a BSE filing.
Revenue from operations stood at Rs 362.07 crore for the quarter under consideration as against Rs 361.46 crore for the same period a year ago.
Shares of EIH Ltd today closed at Rs 198.45 per scrip on BSE, up 1.85 per cent.