East India Hotels net loss at Rs.9.65 cr
October 28th, 2009 - 7:40 pm ICT by IANS ( Leave a comment )Mumbai, Oct 28 (IANS) East India Hotels (EIH), the flagship company of hospitality major Oberoi group, Wednesday said it made a net loss of Rs.9.65 crore for the quarter ended Sep 30 compared to a profit of Rs.31.31 crore it logged in the like quarter previous fiscal.
Net sales of the company dipped 33.39 percent to Rs.156 crore for the quarter under review from Rs.234.22 crore it made in the corresponding quarter last year.
The company also booked Rs.52.68 crore as other operating income as claims submitted to insurance companies for the damage it incurred in the 2008 terror attacks on the group’s Trident hotel in Mumbai.
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- East India Hotels eyes Gulf for expansion - Aug 20, 2009
- No plans of sell stake: EIH Chairman - Jul 09, 2010
- East India Hotels plans Rs.250 crore investment (Lead, Changing dateline) - Aug 20, 2009
- Oberoi Group denies reports on P.R.S Oberoi's successor - Apr 12, 2011
- SBI quarterly net profit nose-dives on increased provisions - May 17, 2011
- ITC yet to take call on EIH rights issue - Oct 06, 2010
- ITC fourth quarter net profit up 24.6 percent - May 20, 2011
- JSW Steel posts Rs.669.32 crore Q2 net loss - Nov 14, 2011
- SBI net profit nose-dives on increased provisions (Lead) - May 17, 2011
- LIC Housing Finance profit up 37 percent in Q2 - Oct 14, 2010
Tags: cr, crore, east india, flagship company, hospitality, hotels, insurance, insurance companies, mumbai, net sales, operating income, terror attacks, trident hotel
