EIH Associated Hotels Limited reported its financial performance for the quarter ended December 31, 2024, reflecting stable growth in revenue and profitability despite sector challenges. The company maintained strong operational efficiency, benefiting from sustained travel demand and increased occupancy rates across its properties.
Key Financial Highlights (Q3 FY25):
- Revenue from Operations: The company posted revenue of ₹133.01 crore in Q3 FY25, registering a 5% increase compared to ₹126.65 crore in the same quarter last year. The increase was driven by higher room occupancy and improved average revenue per room (ARR) as the hospitality sector witnessed increased demand during the festive and holiday season.
- Net Profit: EIH Associated Hotels reported a net profit of ₹39.91 crore for the quarter, a 5.4% growth compared to ₹37.87 crore recorded in Q3 FY24. This growth came on the back of improved top-line performance and operational cost control, which helped mitigate inflationary pressures.
- EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortization): The company recorded EBITDA of ₹53.52 crore in Q3 FY25, up from ₹50.81 crore in the corresponding quarter of the previous year. The higher EBITDA reflects efficiency improvements and disciplined cost management strategies.
- EBITDA Margin: Despite rising expenses, the company maintained healthy margins at 40.3%, compared to 40.1% in Q3 FY24, demonstrating its focus on optimizing its cost base while driving higher revenue.
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