Mahindra Holidays logs Q4 net of Rs 10.4 cr, to pay Rs 4

PTI New Delhi | Updated on January 24, 2018 Published on May 19, 2015

Arun Nanda, Chairman, Mahindra Holidays (file photo)

Mahindra Holidays & Resorts India Ltd (MHRIL) today reported a standalone net profit of Rs 10.42 crore for the fourth quarter ended March 31, 2015.

The Mahindra & Mahindra group firm had posted a net profit of Rs 24.38 crore during the January-March quarter of 2013-14.

The company said the figures are not comparable due to the merger of its wholly-owned subsidiary Bell Towers Resorts.

Its total income from operations during the quarter under review stood at Rs 203.92 crore, from Rs 218.62 crore in the year-ago period.

In a separate filing, the board of directors also recommended a dividend of Rs 4 per share.

For the full fiscal 2014-15, MHRIL’s net profit came in at Rs 79.02 crore against Rs 94.53 crore a year ago.

Total income from operations in 2014-15 were at Rs 794.85 crore compared with Rs 777.51 crore a year earlier.

The stock was trading at Rs 246.25, down 2.65 per cent, from its previous close on the BSE.

Published on May 19, 2015
This article is closed for comments.
Please Email the Editor