Mahindra Holidays & Resorts India Ltd Share Price – NSE  /  BSE

Hotels & Restaurants, Small Cap

Net profit of Mahindra Holidays & Resorts India rose 45.98% to Rs 82.36 crore in the quarter ended March 2024 as against Rs 56.42 crore during the previous quarter ended March 2023. Sales rose 12.45% to Rs 800.19 crore in the quarter ended March 2024 as against Rs 711.61 crore during the previous quarter ended March 2023.

For the full year,net profit rose 0.35% to Rs 115.52 crore in the year ended March 2024 as against Rs 115.12 crore during the previous year ended March 2023. Sales rose 7.45% to Rs 2704.60 crore in the year ended March 2024 as against Rs 2516.99 crore during the previous year ended March 2023.

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Net profit of Mahindra Holidays & Resorts India rose 6.69% to Rs 33.35 crore in the quarter ended March 2024 as against Rs 31.26 crore during the previous quarter ended March 2023. Sales rose 10.77% to Rs 343.02 crore in the quarter ended March 2024 as against Rs 309.67 crore during the previous quarter ended March 2023.

For the full year,net profit rose 13.91% to Rs 180.64 crore in the year ended March 2024 as against Rs 158.58 crore during the previous year ended March 2023. Sales rose 9.85% to Rs 1314.03 crore in the year ended March 2024 as against Rs 1196.18 crore during the previous year ended March 2023.

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Club Mahindra, the flagship brand of Mahindra Holidays & Resorts India announced the addition of new resorts to its existing portfolio. This addition by partnering with the resorts through inventory alliance is aimed at providing members with access to exotic destinations and unique experiences across the globe, further enhancing their vacation experiences.

Among the latest additions to Club Mahindra's offerings are some stunning properties, including The Chumbi Mountain Retreat: Pelling, Sikkim; Hotel Pushkar Fort Resort: Ajmer, Rajasthan; Summit Green Lake Tea Resort: Kaziranga, Assam; Golden Tulip Westlands: Nairobi, Kenya; Royal Tulip Hotel & Casino Tbilisi: Georgia; Pullman Khao Lak Resort: Thailand; Radisson Resort: Hua Hin, Thailand.

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Mahindra Holidays & Resorts India will hold a meeting of the Board of Directors of the Company on 26 April 2024.

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