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This is an archive article published on August 12, 2011

EIH Associated Hotels’ Q1 loss up 2.23%

The firm's net sales for the quarter ended June 30,2011 increased 22.29 per cent to Rs 35.93 cr.

Oberoi group firm EIH Associated Hotels Ltd posted 2.23 per cent increase in its net loss for the first quarter ended June 30,2011 at Rs 1.83 crore,compared to the corresponding quarter last fiscal.

For the three months ended June 30,2010,the company’s net loss was Rs 1.79 crore,it said in a filing to the Bombay Stock Exchange.

The firm’s net sales for the quarter ended June 30,2011 increased 22.29 per cent to Rs 35.93 crore,as against Rs 29.38 crore in the same period last fiscal.

The company’s scrips closed at Rs 177.40 per share,down 5.44 per cent from the previous close on the BSE.

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