EIH Reports Strong Financial Results for December 2024, Highlighting Operational Efficiency and Profitability

EIH, a prominent player in the Hotel, Resort & Restaurants industry, has reported its financial results for the quarter ending December 2024, announced on February 11, 2025. The company has demonstrated a positive financial performance for Q3 FY24-25, with its evaluation remaining consistent over the past three months.
Key highlights from EIH's financials indicate a robust operational efficiency. The inventory turnover ratio reached a notable 43.30 times, reflecting the company's ability to sell inventory effectively. Additionally, net sales peaked at Rs 800.17 crore, marking the highest figure in the last five quarters, suggesting a favorable near-term sales trend.

Operating profit also saw a significant uptick, recorded at Rs 356.76 crore, alongside an operating profit margin of 44.59%, indicating enhanced efficiency. Profit before tax, at Rs 335.27 crore, and profit after tax, at Rs 266.04 crore, both reached their highest levels in the last five quarters, further underscoring the company's strong financial health.

Moreover, earnings per share climbed to Rs 4.23, showcasing improved profitability for shareholders. The company's liquidity position is also strengthening, with cash and cash equivalents at Rs 675.64 crore, and a debtor turnover ratio of 14.14 times, indicating efficient management of receivables.

In light of these developments, EIH has undergone an adjustment in its evaluation.

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