Monday, July 27, 2026

Oberoi Hotels owner EIH reports drop in Q4 profit despite higher revenue as rising costs hit margins

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EIH reported higher quarterly revenue driven by steady hotel demand, but rising operating costs and weaker margins pulled down overall profit.

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Oberoi Hotels owner EIH reports drop in Q4 profit despite higher revenue as rising costs hit margins

EIH Limited, the flagship company of the Oberoi Group, reported a 4.8% year-on-year decline in consolidated net profit for the March quarter at ₹249 crore, compared with ₹261.6 crore in the corresponding period last year, as margin pressure weighed on earnings despite healthy revenue growth.

The hospitality major posted an 8.2% rise in revenue from operations to ₹895.2 crore in Q4FY26, against ₹827.5 crore a year earlier, supported by steady demand across its hotel portfolio.

However, EBITDA declined 4.8% year-on-year to ₹334 crore from ₹350.8 crore in the year-ago quarter. EBITDA margin contracted sharply to 37.3% from 42.4%, indicating higher operating costs during the quarter.

The company’s board has proposed a final dividend of ₹1.5 per equity share for FY26, subject to shareholders’ approval at the ensuing Annual General Meeting.

Also Read: Ram Ratna Wires Q4 profit, EBITDA zoom over 2x on revenue surge

Ahead of the earnings announcement, shares of EIH Limited closed at ₹323 on the NSE on Tuesday, up 0.61%.

Also Read: IAN Group invests ₹625 crore in 50 deep-tech startups, ramps up AI focus


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