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E I H Associated Hotels quarterly net rises 3.24%
Source: IRIS | 05 Aug, 2016, 08.12PM
Rating: NAN / 5 stars.
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E I H Associated Hotels  announced a marginal rise in standalone net profit for the quarter ended June 2016.  During the quarter, the profit of the company rose 3.24% to Rs 20.81 million from Rs 20.16 million  in the same quarter previous year.

Revenues for the quarter  rose 5.16% to Rs 468.45 million, compared with Rs 445 million for the prior year period.

Operating margin for the quarter stood at 156.23 percent  as compared to 188.91 percent for the previous year period.  Operating Income for the quarter was Rs 731.84 million, compared with Rs 841.5 million in the previous year period.

Earnings per share for the quarter stood at Rs 0.68, registering 3.03% growth over previous year period.

Quarterly Results - Standalone (Rs in mn)
As atJun - 16Jun - 15%Change
Revenues468.45445.465.16
Net Profit20.8120.163.24
Diluted EPS0.680.663.03

Shares of the company gained Rs 0.8, or 0.22%, to settle  at  Rs 358.80.  The total volume of shares traded  was  107 at  the BSE (Friday).

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