Mahindra Holidays and Resorts Ltd suffer consolidated net loss at Rs 161.51 cr for Q4FY20

New Delhi: Mahindra Holidays and Resorts India Ltd’s consolidated net loss stood at Rs 161.51 crore for the fourth quarter of 2019-20 fiscal as against a consolidated net profit of Rs 52.34 crore in the same period of the previous fiscal. The consolidated revenue from operations of the company fell marginally to Rs 616.61 crore for the fourth quarter of the last fiscal as compared to Rs 634.59 crore in the same period of the previous fiscal.

For the entire fiscal 2019-20, the consolidated net loss of the company stood at Rs 134.26 crore as compared to consolidated net profit of Rs 59.57 crore in the previous fiscal.

For the entire fiscal 2019-20, the consolidated revenue from operations increased marginally to 2,371.86 crore as compared to consolidated revenue from operations of Rs 2,238.99 crore in the previous fiscal, the company said in a regulatory filing.

 

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