Oberoi Group

Hospitality firm EIH Ltd, a part of the Oberoi group, on Friday reported an over three-fold rise in consolidated net profit at Rs 151.08 crore in the December quarter, on the back of higher revenue. The company had posted a consolidated net profit of Rs 41.85 crore in the same quarter a year ago, EIH Ltd said in a regulatory filing. Consolidated revenue from operations during the period under review stood at Rs 586.41 crore as compared to Rs 360.12 crore in the corresponding period last fiscal. Total expenses were higher at Rs 415.99 crore, up from Rs 313.87 crore in the third quarter last fiscal, the company said.

Oberoi group firm EIH Associated Hotels Ltd on Tuesday reported a profit after tax of Rs 5.68 crore in the first quarter ended June 30, 2022

In terms of volume, Oberoi Realty's sales bookings stood at 4,01,182 square feet in April-June 2022 as compared to 92,128 square feet in the year-ago period

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The board of directors at a meeting held on Monday appointed Shib Sanker Mukherji, who was the vice chairman, as the new chairman of the company, EIH Associated Hotels said in a regulatory filing

The alliance will provide guests of both groups a wider choice of sought-after destinations across the globe, along with greater depth in India

Hospitality firm The Oberoi Group said it has entered into a long-term strategic alliance with Mandarin Oriental Hotel Group to collaborate across a range of initiatives

The joint venture Oberoi-A&M Infra-Consortium will also handle the Saarc operations of the European group

Oberoi Anantvilas in BKC will be hotel chain's first urban resort

The two major access points of the hotel have been clogged by hawkers and squatters, who have wormed their way to occupy up to three-fourths of the area surrounding the property