EIH Associated Hotels has swung into black with a standalone net profit of Rs 1.63 crore for the second quarter ended September 30.
The company had reported a net loss of Rs 0.20 crore for the July-September quarter a year-ago, EIH Associated Hotels said in a BSE filing today.
Its total income from operations was up 16.32 per cent during the quarter under review to Rs 50.02 crore as against Rs 43 crore of the corresponding quarter last fiscal.
Also Read
EIH Associated Hotels is an associate company of EIH Ltd, the flagship company of The Oberoi Group.
Shares of EIH Associated Hotels were trading up 0.48 per cent at Rs 318.45 on BSE.
Disclaimer: No Business Standard Journalist was involved in creation of this content
