Timeshare Industry News

Timeshare Industry News
Mahindra reveals third quarter results
Mahindra reveals third quarter results
February 5, 2018

Leading Indian leisure hospitality provider Mahindra Holidays & Resorts India Limited (MHRIL) has announced its standalone financial results for the third quarter of fiscal 2018.

The company, which has a number of resorts affiliated to RCI through its flagship Club Mahindra brand, reported relatively stable figures for income, profit and membership.

Q3 FY’18 Financial Highlights – Standalone

Member Additions at 4194; lower by 5.5% YoY; higher by 13.2% sequentially Total Income at Rs. 272.5 crs; lower by 0.8% YoY Profit After Tax at Rs. 31.7 crs; lower by 11.1% YoY

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