With effect from 26 January 2021Mahindra Holidays & Resorts India announced the appointment of Ruzbeh Irani, President Group Human Resources and
Communications, Mahindra & Mahindra, the holding company of the Company, as
an Additional Director in the category of Non-Executive Non-Independent Director of the
Company, with effect from 26 January 2021, to hold office up to the date of the next
Annual General Meeting of the Company.
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Mahindra Holidays Posts Q3 Net Loss At Rs 67.34 Lakh
Shares of Mahindra Holidays & Resorts India closed at Rs 227.90 per scrip on BSE, 6 per cent up from its previous close.
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Mahindra Group firm Mahindra Holidays & Resorts India Ltd (MHRIL) on Monday reported a consolidated net loss of Rs 67.34 lakh for the third quarter ended December 2020.
The company had posted a net profit of Rs 2.03 crore for the same period of the previous fiscal, MHRIL said in a BSE filing.
Consolidated revenue from operations stood at Rs 489.14 crore for the quarter under consideration. It was Rs 588.26 crore a year ago, it added.
As a zero-debt company, aided by its resilient business model and a spunky bounce back plan, Mahindra Holidays & Resorts wrote its comeback after Covid-19