EIH Q2 FY27 Profit Rises 19.3% to ₹136 Crore; Approves ₹777 Crore Trident Hotel in Hyderabad

EIH Ltd, the hospitality company behind the Oberoi and Trident hotel brands, reported a stronger performance in the September quarter of FY27, while outlining investments to expand its hotel portfolio in Hyderabad and Tirupati.

The company’s net profit rose 19.3 per cent year on year to ₹136 crore in the second quarter, compared with ₹114 crore in the corresponding period last year. Revenue increased 16.1 per cent to ₹694 crore from ₹598 crore.

Earnings before interest, tax, depreciation and amortisation (EBITDA) grew 22.7 per cent to ₹189 crore, against ₹154 crore a year earlier. The EBITDA margin improved to 27.2 per cent from 25.7 per cent, indicating stronger operating profitability during the quarter.

Alongside its financial results, EIH approved an investment of ₹777 crore to develop a five-star deluxe Trident hotel near Shamshabad Airport in Hyderabad. The property will come up on an 8.89-acre site owned by the company and is expected to begin operations by September 2030.

The hotel is planned to serve domestic and international travellers. EIH said the project will be funded through internal accruals and debt. The investment forms part of the company’s plans to expand its presence in India’s tourism and hospitality market.

The company also disclosed a change in the land arrangement for its proposed Trident hotel in Tirupati. Svara Hotels Ltd, an EIH subsidiary formerly known as Mumtaz Hotels Ltd, has received alternate land from the Andhra Pradesh government in exchange for the land previously allotted for the project.

The revised investment estimate for the Tirupati development stands at ₹344 crore. The planned hotel will have 124 keys, 132 bays and eight suites, according to the company’s disclosure. It is expected to commence operations by March 2030 and will cater to domestic and international visitors. The project will also be financed through internal accruals and debt.

The two developments signal EIH’s continued focus on expanding its presence in key travel destinations. Hyderabad’s airport corridor offers access to business and leisure travellers, while Tirupati is an established destination. Both projects remain on the company’s development schedule, with operations targeted for 2030 across the country.