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.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on May 09, 2020
This article is closed for comments.
Please Email the Editor