«سوق السفر العربي»يبحث تعافي السياحة العالمية albayan.ae - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albayan.ae Daily Mail and Mail on Sunday newspapers.
Due to Covid-19 situation Mahindra Holidays & Resorts India announced that considering the situation arising due to the Coronavirus (COVID-19) and in compliance with the advisories / directives issued by the Finnish Government arising out of COVID 19, the operations in 3 SPA hotels of Holiday Club Resorts Oy (HCR), Finland, a Material Unlisted Subsidiary of the Company, will continue to remain suspended, i.e. 2 SPA Hotels until 19 May 2021 and 1 SPA Hotel until 07 June 2021. Considering the emerging situation in the wake of the second wave of COVID-19 in India and thetravel / movement restrictions (inter district / interstate and intrastate) imposed by the respective State Government Authorities, the Company has, over the last two weeks, suspended the operations in most of the Resorts for the time being. The re-opening of the resorts will be guided by the easing of travel / movement restrictions by respective State Government Authorities.
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 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.