EIH Q4 Results: PAT zooms 481% YoY at Rs 92 crore, consolidated revenues reported at Rs 664 cr
EIH Limited, the flagship company of the Oberoi Group, reported consolidated revenues of INR 662 crore for Q4 2023, up 110% YoY, and INR 2096 crore for the full year, up 101% YoY. It achieved a profit after tax of INR 92 crore for the quarter and INR 329 crore for the financial year, representing growth of 481% and 446%, respectively. EIH's hotels recorded an industry-leading RevPAR index of 127% and an ARR index of 120% in FY23. The company also expanded its business into additional segments and aims to create value for stakeholders via profitable operations and strategic expansion, said Vikram Oberoi, the MD and CEO of EIH Limited.