Profit at Rs 770 crore in FY 25, Oberoi Hotels sees its 'strongest ever financial performance'

NEW DELHI: Oberoi Hotels has reported a record profit of Rs 332 crore in the January-March 2025 period, 109% more than the same period in the previous fiscal. The hospitality major saw a profit of Rs 770 crore in FY 25, up 14% from FY 24, on a revenue of Rs 2,880 crore — up 10% from the revenue in the previous fiscal. The company says these are the “strongest financial performance in (its) EIH Ltd’s history.”

EIH limited has a pipeline of 21 properties to be completed by 2029, comprising 19 hotels, two luxury boats, and a Nile cruiser. This expansion includes eight hotels to be owned, invested in, and operated directly or through joint ventures by EIH limited and 13 (including 2 luxury boats and a Nile cruiser) to be managed by The Oberoi Group. The development pipeline spans 12 hotels in India and nine international hotels & cruises across London, Egypt, Bhutan, Nepal, and Saudi Arabia. Upon completion, 16 hotels (including the boats and cruisers) will operate under the Oberoi brand and five hotels under the Trident brand, representing a total inventory of about 1,473 keys.

The Oberoi Group executive chairman, Arjun Oberoi said: “This has been a milestone year for EIH Ltd, delivering record financial results. Our robust performance reflects our long-term vision, strong governance, and unwavering commitment to excellence. With a solid financial foundation, we are well-positioned to drive strategic growth across key markets while creating sustained value for all our stakeholders.”

The Oberoi Group CEO, Vikram Oberoi, said: “These results highlight the relentless dedication of our teams and their pursuit of operational excellence. As we continue to expand our footprint, we remain steadfast in delivering exceptional guest experiences driven through our values and culture that places our guests and their wellbeing at the centre of everything we do.”