Mahindra Holidays & Resorts reports 54% fall in Q2 net profit

Mahindra Holidays & Resorts India Ltd. | Hotel, Resort & Restaurants | Travel & Hospitality | BSE: 533088 | NSE: MHRIL

30 Oct 2018 Evaluate

Mahindra Holidays & Resorts India has reported results for second quarter ended September 30, 2018.

The company has reported 54.38% fall in its net profit at Rs 14.46 crore for the quarter under review as compared to Rs 31.70 crore for the same quarter in the previous year. Total income of the company decreased by 10.72% at Rs 222.11 crore for Q2FY19 as compared Rs 248.79 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.

Peers

Company Name	CMP
The Indian Hotels Co	713.00
ITC Hotels	153.50
Mahindra Holi.&Resor	193.55
EIH	293.20
Chalet Hotels	843.90
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