Mahindra Holidays & Resorts India standalone net profit declines 57.28% in the March 2015 quarter

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Sales decline 11.87% to Rs 185.73 crore
Net profit of Mahindra Holidays & Resorts India declined 57.28% to Rs 10.42 crore in the quarter ended March 2015 as against Rs 24.39 crore during the previous quarter ended March 2014. Sales declined 11.87% to Rs 185.73 crore in the quarter ended March 2015 as against Rs 210.75 crore during the previous quarter ended March 2014.For the full year,net profit declined 16.41% to Rs 79.02 crore in the year ended March 2015 as against Rs 94.53 crore during the previous year ended March 2014. Sales rose 0.47% to Rs 733.64 crore in the year ended March 2015 as against Rs 730.18 crore during the previous year ended March 2014.
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First Published: May 19 2015 | 10:32 AM IST