Sunday, May 24, 2026

EIH Q2 results: Profit slides but at a slower pace

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EIH Ltd, the parent company of the Oberoi Group, reported a 12.4% year-on-year decline in its net profit for the September quarter at ₹113.7 crore, compared to ₹129.8 crore in the same period last year.

In the preceding quarter ended June 2025, the company had posted a 63% decline in net profit compared to a year earlier.

The hospitality firm’s revenue from operations rose marginally by 1.5% to ₹597.9 crore from ₹589 crore a year earlier, indicating steady business performance despite softer earnings.

Operating performance weakened during the quarter as earnings before interest, tax, depreciation, and amortisation (EBITDA) dropped 11.8% to ₹154.2 crore from ₹174.7 crore last year.

The company’s operating margin contracted to 25.8% from 29.6% a year ago, reflecting higher costs and pressure on profitability.

The conference call with analysts is scheduled for November 14.Shares of EIH are down 9.7% this year so far despite a nearly 6% recovery in the last six months. However, over the last one year it’s among the top 10 hotel stocks by gains, outpacing Indian Hotels, which runs the competing Taj chain of luxury properties.

ITC Hotels got spun off and listed on the bourses in Jan 2025, while Schloss Bangalore, which manages the Leela brand of five-star hotels, listed in June this year.

These are the top 10 hotel stocks by gains in the last one year:

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