Companies

Mahindra Holidays posts ₹161.50 cr loss in Q4

PTI New Delhi | Updated on May 09, 2020 Published on May 09, 2020

Mahindra Holidays & Resorts India Ltd on Saturday reported a consolidated loss after tax of ₹161.51 crore for the fourth quarter ended March 2020.

The company had posted a consolidated net profit of ₹52.35 crore in the same period a year ago, Mahindra Holidays & Resorts India said in a regulatory filing.

Revenue from operations in the fourth quarter stood at ₹616.61 crore, as against ₹634.59 crore in the year-ago period.

The company said in the fiscal ended March 2020, it posted a consolidated loss after tax of ₹134.26 crore. It had posted a consolidated profit after tax of ₹59.57 crore in 2018-19.

Revenue from operations in 2019-20 stood at ₹ 2,371.87 crore, as compared to ₹2,238.99 crore in the previous year.

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Published on May 09, 2020
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