EIH Q4 net profit at Rs.593.10 million

EIH Ltd has announced the Audited financial results for the quarter & year ended March 31, 2007. The results for the Quarter ended March 31, 2007 are as follows: The Company has posted a net profit of Rs 593.10 million for the quarter ended March 31, 2007 as compared to Rs 373.30 million for the quarter ended March 31, 2006. Total Income has increased from Rs 2613.90 million for the quarter ended March 31, 2006 to Rs 3157.30 million for the quarter ended March 31, 2007.

The results for the Year ended March 31, 2007 are as follows: The Company has posted a net profit of Rs 2004.50 million for the year ended March 31, 2007 as compared to Rs 1888.10 million for the year ended March 31, 2006. Total Income has increased from Rs 8031.90 million for the year ended March 31, 2006 to Rs 9967.20 million for the year ended March 31, 2007.

The consolidated results for the Year ended March 31, 2007 are as follows: The Net profit attributable to the group of Rs 2005.10 million for the year ended March 31, 2007 as compared to Rs 1952.40 million for the year ended March 31, 2006. Total Income has increased from Rs 8672.10 million for the year ended March 31, 2006 to Rs 11158.30 million for the year ended March 31, 2007.

The stock closed the day at Rs.99.35, down by Rs.2.20 or 2.17%. The stock hit an intraday high of Rs.102.80 and low of Rs.99.35. The total traded quantity was 27586 compared to 2 week average of 39084.

Source : Equity Bulls

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