Mahindra Holidays Q4 net down marginally to Rs 37 cr

However, total income rises 12% to Rs 173 cr

Mahindra Holidays reported a marginal decrease in net profit at 37 crore for the quarter ended March 2012. It was Rs 40 crore in the same period a year ago.

However, total income rose 12.6% to Rs 173.5 crore from Rs 154 crore in March 2011.

Its stocks were trading 1% lower at Rs 290 apiece on BSE at 1440 hours.