With this investment, Mahindra Holidays & Resorts will more than double its footprint in Uttarakhand, with Club Mahindra already operating resorts in Jim Corbett, Mussoorie, Kanatal, and Binsar.
The company had posted a consolidated profit after tax of Rs 15.87 crore in the same previous fiscal, Mahindra Holidays & Resorts India Ltd (MHRIL) said in a regulatory filing.