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  4. Mahindra Holidays posts Rs 161.51 cr loss in Q4

Mahindra Holidays posts Rs 161.51 cr loss in Q4

PTI   

Mahindra Holidays posts Rs 161.51 cr loss in Q4
New Delhi, May 9 () Mahindra Holidays & Resorts India Ltd on Saturday reported a consolidated loss after tax of Rs 161.51 crore for the fourth quarter ended March 2020.

The company had posted a consolidated net profit of Rs 52.35 crore in the same period a year ago, Mahindra Holidays & Resorts India said in a regulatory filing.

Revenue from operations in the fourth quarter stood at Rs 616.61 crore, as against Rs 634.59 crore in the year-ago period.

The company said in the fiscal ended March 2020, it posted a consolidated loss after tax of Rs 134.26 crore. It had posted a consolidated profit after tax of Rs 59.57 crore in 2018-19.

Revenue from operations in 2019-20 stood at Rs 2,371.87 crore, as compared to Rs 2,238.99 crore in the previous year. RKL ABMABM


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