EIH Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- EIH Ltd reported a 33.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 8.0%.
- Its expenses for the quarter were up by 6.7% QoQ and 6.0% YoY.
- The net profit increased 110.1% QoQ and increased 21.3% YoY.
- The earnings per share (EPS) of EIH Ltd stood at 4.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 831.18 | 622.58 | 769.87 | 33.5% | 8.0% |
Total Expenses | 483.56 | 453.22 | 456.01 | 6.7% | 6.0% |
Profit Before Tax | 345.54 | 167.35 | 289.96 | 106.5% | 19.2% |
Tax | 85.37 | 42.58 | 73.78 | 100.5% | 15.7% |
Profit After Tax | 278.83 | 132.70 | 229.94 | 110.1% | 21.3% |
Earnings Per Share | 4.20 | 2.10 | 3.50 | 100.0% | 20.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
EIH Ltd is a prominent player in the hospitality industry, primarily known for its luxury hotel operations under the Oberoi and Trident brands. The company is recognized for its upscale services, catering to high-end clientele with a focus on exceptional guest experiences. The hospitality sector has been witnessing a gradual recovery post-pandemic, with increasing travel and tourism activity. However, any recent major developments specific to EIH Ltd are not available in the provided data. EIH Ltd continues to leverage its brand reputation and operational expertise to maintain a competitive edge in the industry.
Revenue
In Q3FY25, EIH Ltd reported a total income of ₹831.18 crores, marking a significant increase of 33.5% from the previous quarter (Q2FY25) and an 8.0% rise year-over-year compared to Q3FY24. This upward trend in revenue reflects a robust performance in the current quarter. The company's revenue growth can be attributed to various factors, including improved market conditions, enhanced service offerings, and potentially increased occupancy rates in their properties. The comparison between quarters and years highlights a consistent momentum in revenue generation, indicating a positive trajectory for the business in the reported period.
Profitability
EIH Ltd's profitability in Q3FY25 saw remarkable growth, with profit before tax (PBT) reaching ₹345.54 crores, representing a 106.5% increase quarter-over-quarter and a 19.2% year-over-year growth. After accounting for taxes of ₹85.37 crores, the profit after tax (PAT) amounted to ₹278.83 crores, which is a 110.1% rise from the previous quarter and a 21.3% increase from the same quarter last year. Earnings per share (EPS) also showed significant improvement, doubling from ₹2.10 in Q2FY25 to ₹4.20 in Q3FY25, and reflecting a 20.0% increase compared to Q3FY24. These figures underscore a strong profitability performance during the quarter.
Operating Metrics
The operating metrics for EIH Ltd in Q3FY25 include total expenses of ₹483.56 crores, which increased by 6.7% compared to the previous quarter and 6.0% year-over-year. This rise in expenses is relatively modest compared to the revenue growth, suggesting efficient cost management. The company's ability to enhance its profitability despite higher expenses highlights operational efficiency. The significant growth in both PBT and PAT is indicative of the company's effective financial and operational strategies. Overall, the operating metrics reflect a period of enhanced financial health and operational performance for EIH Ltd in the current quarter.
