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Mahindra Holidays & Resorts India reports consolidated net profit of Rs 16 crore in Q4

02 May 2022 Evaluate

Mahindra Holidays & Resorts India has reported results for fourth quarter and year ended March 31, 2022.

The company has reported a rise of 80.60% in its net profit at Rs 44.50 crore for the quarter under review as compared to Rs 24.64 crore for the same quarter in the previous year. Total income of the company increased by 19.38% at Rs 304.10 crore for Q4FY22 as compared Rs 254.73 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net profit of Rs 15.87 crore for the quarter under review against net loss of Rs 9.73 crore for the same quarter in the previous year. Total income of the company increased by 17.46% at Rs 582.83 crore for Q4FY22 as compared Rs 496.20 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a rise of 20.31% in its net profit at Rs 151.30 crore as compared to Rs 125.76 crore for the previous year. Total income of the company increased by 17.82% at Rs 1,070.72 crore for year under review as compared to Rs 908.76 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported net profit of Rs 67.64 crore against net loss of Rs 14 crore for the previous year. Total income of the company increased by 17.95% at Rs 2,178.85 crore for year under review as compared to Rs 1,847.26 crore for year ended March 31, 2021.

Mahindra Holi.&Resor Share Price

255.60 7.55 (3.04%)
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