EIH Q2 net dips 48 pc to Rs 1.97 cr

Hospitality firm EIH, which runs hotels and resorts under Oberoi and Trident brands, today reported a 48.02 per cent dip in its net profit to Rs 1.97 crore for the second quarter ended September 30, 2017.
The company had posted a net profit of Rs 3.79 crore for the corresponding period of the previous fiscal, EIH Ltd said in a filing to BSE.
Total revenue of the company stood at Rs 293.32 crore for the quarter under consideration as against Rs 298.44 crore for the same period a year ago.
Shares of EIH Ltd today closed at Rs 155.95 per scrip on BSE, up 4.45 per cent form the previous close.