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EIH Hotels Q4 net profit rises 66.46 pc to Rs 33.16 crore

EIH Hotels, which runs a chain of hotels and resorts under the Oberoi brand said its consolidated net profit was at Rs 165.14 crore in 2019-20 as against Rs 148.96 crore in 2018-19 and Consolidated Revenue from operations for FY20 was at Rs 1,596.25 crore as compared to Rs 1810.82 crore in FY19.

The company further said hotels in most locations have been allowed to resume operations effective June 8 with the balance expecting to open by July 1.

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hospitality.economictimes.indiatimes.com/news/hotels/eih-hotels-q4-net-profit-rises-66-46-pc-to-rs-33-16-crore/76656330