Mahindra Holidays & Resorts has reported results for first quarter ended June 30, 2018.
The company has reported 57.54% fall in its net profit at Rs 13.73 crore for the quarter under review as compared to Rs 32.34 crore for the same quarter in the previous year. Total income of the company decreased by 11.42% at Rs 242.33 crore for Q1FY19 as compared Rs 273.58 crore for the corresponding quarter previous year.
Mahindra Holidays & Resorts is India’s leading player in the vacation ownership industry offering quality family holidays primarily through vacation ownership memberships.
