Mahindra Holidays & Resorts India Ltd posts consolidated loss of Rs 10 16 crore equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Larsen & Toubro Technology Services (LTTS): The company on Monday posted a 5 per cent decline in consolidated net profit at Rs 194.5 crore in the March 2021 quarter. In addition, the Board of Directors at their meeting held on Mnday have recommended a final dividend of 725 per cent which is Rs 14.5 per equity share of face value of Rs 2 each.
SBI Life Insurance Company: Insurer on Monday reported a flat net profit at Rs 532 crore for the March 2021 quarter. The Board of Directors, in its meeting held on March 25, 2021, has declared an interim dividend of 2.50 per equity share of the face value of 10 each for the year ended March 31, 2021.
Mahindra Holidays & Resorts Q4 results: Reports net loss of Rs 10 cr
SECTIONS
Last Updated: May 03, 2021, 07:06 PM IST
Share
Synopsis
Consolidated total income of the company stood at Rs 496.2 crore for the quarter under consideration. It was Rs 631.4 crore for the same period a year ago.
Getty Images
Shares of Mahindra Holidays & Resorts India Ltd closed at Rs 207.45 per scrip on BSE, down 1.80 per cent from its previous close.
Related
NSE
Explore Now
NEW DELHI: Mahindra Holidays & Resorts India Ltd on Monday reported a consolidated loss of Rs 9.73 crore for the quarter ended March 31, 2021.
The company had posted a consolidated loss after tax of Rs 161.51 crore for the corresponding period of the previous fiscal, Mahindra Holidays & Resorts India Ltd (
Mahindra Holidays posts ₹10-cr loss in fourth quarter
May 03, 2021
Revenue declines 24% to ₹465 crore
Mahindra Holidays has reported a loss of ₹10.1 crore during Q4 of FY21 compared to a profit of ₹164 crore in the corresponding period of last year. Its revenue from operations for the quarter that ended on March 31, 2021 was ₹465 crore, a decline of 24 per cent over the corresponding previous period.
The consolidated turnover was at ₹496.2 crore for Q4 FY21 as against ₹631.4 core in Q4 FY20. The company has managed to bring down its expenses by over ₹80 crore from the previous fiscal. Its total expenses for this quarter stood at ₹507 crore compared to ₹590 crore at the same time last fiscal.
Results: Mahindra Holidays & Resorts posts Q4 loss of Rs 9.73 crore Mahindra Holidays & Resorts Mahindra Holidays & Resorts India Ltd on Monday reported a consolidated loss of Rs 9.73 crore for the quarter ended March 31, 2021.
The company had posted a consolidated loss after tax of Rs 161.51 crore for the corresponding period of the previous fiscal, Mahindra Holidays & Resorts India Ltd (MHRIL) said in a filing to BSE.
Consolidated total income of the company stood at Rs 496.2 crore for the quarter under consideration. It was Rs 631.4 crore for the same period a year ago, it added.
For the fiscal year ended March this year, the company posted a consolidated loss of Rs 14 crore. It had posted a loss after tax of Rs 134.26 crore for the year ago fiscal, MHRIL said.