EIH Associated Hotels Limited — Board Meeting, 16-05-2025: Outcome of Board Meeting
16-05-2025 | 04:09 pm
16-05-2025 | 04:09 pm
EIH Associated Hotels has announced a board meeting approving the financial results for the quarter and half-year. The company posted steady revenue at Rs. 42.15 Cr and saw profit before tax rise to Rs. 12.77 Cr. The board proposed a final dividend of Rs. 3.50 per share, pending member approval. A notable update: the company sub-leased its Cochin hotel, taking an impairment loss of Rs. 4.19 Cr. Despite this charge, operational cash flows remain strong, reflecting stable business momentum.
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