Family vacations are largely offered by Mahindra Holidays & Resorts India Ltd. (MHRIL), a company in the Mahindra Group’s Leisure and Hospitality division. The company’s ‘Club Mahindra’ brand, which was founded in 1996, has more than 250,000 members.
Financial Results:
- Mahindra Holidays & Resorts India Ltd. reported Total Income for Q4FY23 of ₹ 336.32 Crores up from ₹ 304.10 Crore year on year, a rise of 11%.
- Total Expenses for Q4FY23 of ₹ 248.39 Crores up from ₹ 206.54 Crores year on year, a rise of 20%.
- Consolidated Net Profit of ₹ 31.26 Crores, up 30% from ₹ 44.50 Crores in the same quarter of the previous year.
- The PAT Margin (%) is 9.3%, down from 14.6% in the same quarter of the previous year.