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Mahindra Holidays & Resorts India consolidated net profit declines 83.95% in the December 2019 quarter

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Capital Market

Sales decline 1.76% to Rs 588.26 crore

Net profit of Mahindra Holidays & Resorts India declined 83.95% to Rs 4.94 crore in the quarter ended December 2019 as against Rs 30.78 crore during the previous quarter ended December 2018. Sales declined 1.76% to Rs 588.26 crore in the quarter ended December 2019 as against Rs 598.81 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales588.26598.81 -2 OPM %14.969.97 -PBDT78.4164.07 22 PBT14.3338.89 -63 NP4.9430.78 -84

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First Published: Feb 03 2020 | 11:38 AM IST

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