EIH slips on reporting Q3 net loss of Rs 56 cr
EIH fell 1.19% to Rs 91.70 after the company reported consolidated net loss of Rs 55.78 in Q3 December 2020 as against net profit of Rs 102.56 crore in Q3 December 2019. Consolidated net sales tumbled 64.8% to Rs 179.16 in Q3 December 2020 as against Rs 509.55 crore in Q3 December 2019. Pre-tax loss for the quarter stood at Rs 67.41 crore as against pre-tax gain of Rs 136.30 crore in Q3 December 2019. Current tax expense for the quarter dropped 91.5% to Rs 2.46 crore as against Rs 28.78 crore in Q3 December 2019. The Q3 result was declared after trading hours on Friday, 29 January 2020. The g...
Source: business-standard.com