Page 2 - Eih

EIH reports consolidated net loss of Rs 37.46 crore for Sept quarter

The hospitality firm on Friday reported a consolidated net loss

Hotel stocks on a roll; Indian Hotels, Chalet, EIH surge over 10%

Easing of travel related restrictions, coupled with pent-up vacation demand, seems to the driving force behind a sharp surge in hotel shares

Pick-up in leisure travel helps hotels post sequential revenue growth

Cost cutting initiatives by Indian Hotels, EIH helps restrict loss at the operating level

ITC retains its holding in East India Hotels, subscribes to rights issue

An ITC spokesperson says EIH issue was attractively priced, and that ITC holding in EIH was part of its treasury investment portfolio

EIH Q2 net loss at Rs 118.77 cr due to coronavirus pandemic impact

The company had posted a net profit of Rs 30.55 crore for the corresponding period of the previous fiscal, EIH said in a BSE filing

Hospitality firms may go for fund raising to stay afloat as recovery eludes

EIH's successful rights issue to help firm reduce debt substantially, paves way for more companies to actively consider fund raising

Hospitality major EIH gets board approval to raise up to Rs 350 cr

The rights issue price has been fixed at Rs 65 per equity share, including a premium of Rs 63 per equity share over face value of Rs 2 per share, it added

Hospitality major EIH posts Rs 152 cr net loss in Q1 due to Covid-19 crisis

The company had posted a net loss of Rs 1.13 crore in the corresponding period of previous fiscal, EIH said in a filing to the BSE

Indian Hotels, Lemon Tree: Time to buy hotel stocks as operations resume?

Most hotel-related stocks gained ground in this backdrop, with Indian Hotels, EIH Ltd, Lemon Tree Hotels, TAJ GVK Hotels and Speciality Restaurants rallying up to 5 per cent

Coronavirus outbreak: Hotel stocks likely to see earnings downgrades

Hotel stocks are under pressure because the coronavirus outbreak could impact occupancies and, thus, drive down room tariffs

EIH cites general slowdown, drop in airline catering for dismal Q1 show

The firm, which owns the Oberoi chain of hotels, posted a pre-tax loss of Rs 11 crore compared to Rs 16 crore profit a year ago

EIH Q4 net profit up 78% at Rs 50 crore

The company had posted a net profit of Rs 28 crore for corresponding period of previous fiscal

EIH Ltd Q3 profit rises about 8% at Rs 54.31 cr

Company had posted a net profit of Rs 50.15 crore for the corresponding period of the previous FY

EIH feels effect of Oberoi Delhi's two-year renovation

EIH's net profit has shrunk from Rs 9.24 crore during Sept quarter last year to Rs 3.79 crore in the same period this year

Oberoi New Delhi renovation to cost EIH Rs 500 cr

Assets of The Oberoi, New Delhi that have been written off, impacted EIH's profitability by Rs 18.35 cr in the first quarter