{"id":141376,"date":"2023-02-13T14:43:48","date_gmt":"2023-02-13T19:43:48","guid":{"rendered":"https:\/\/44.250.171.167\/?p=141376"},"modified":"2023-02-13T14:43:49","modified_gmt":"2023-02-13T19:43:49","slug":"mahindra-holidays-resorts-q3fy23-earnings","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/mahindra-holidays-resorts-q3fy23-earnings\/","title":{"rendered":"Mahindra Holidays &#038; Resorts Q3FY23 Earnings"},"content":{"rendered":"\n<p>As part of the Leisure and Hospitality sector of the Mahindra Group,<a href=\"https:\/\/44.250.171.167\/symbol\/mhril\/\" target=\"_blank\" rel=\"noreferrer noopener\"> Mahindra Holidays &amp; Resorts India Ltd. <\/a>(MHRIL) primarily offers family holidays by providing vacation ownership memberships. The company&#8217;s flagship brand \u2018Club Mahindra\u2019, was started in 1996 and has 250,000+ members.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachHis\/aa69a9f9-794f-4221-95d9-cea4a927d32d.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Mahindra Holidays &amp; Resorts India<\/a> increased by 2.87 percent to INR 260.20 right after the company&#8217;s standalone net profit mark upped 74.5 percent to INR 62.78 crore on a 17.9 percent rise in net sales to INR 315.05 crore in the third quarter of December 2022 over the third quarter of December 2021.<\/p>\n\n\n\n<p>During this quarter, the cash position stood at INR 1,089 crore, which is an increase of around INR 71 crore. Resort income was up by 30 percent YoY at INR 91 crore and higher occupancy and member spends were the catalysts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As part of the Leisure and Hospitality sector of the Mahindra Group, Mahindra Holidays &amp; Resorts India Ltd. (MHRIL) primarily offers family holidays by providing vacation ownership memberships. The company&#8217;s flagship brand \u2018Club Mahindra\u2019, was started in 1996 and has 250,000+ members. Financial Results: Mahindra Holidays &amp; Resorts India increased by 2.87 percent to INR [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":138501,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5749,6352],"tags":[8180],"class_list":["post-141376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-entertainment-stocks","category-research-summary","tag-resorts"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/12\/pexels-pixabay-271639-1.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":144090,"url":"https:\/\/alphastreet.com\/india\/mahindra-hol-resorts-ltd-q4fy23-earnings\/","url_meta":{"origin":141376,"position":0},"title":"Mahindra Hol. &#038; Resorts Ltd. Q4FY23 Earnings","author":"Karan_Singh","date":"April 25, 2023","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1241673300.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1241673300.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1241673300.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":160582,"url":"https:\/\/alphastreet.com\/india\/mahindra-holidays-48-rise-in-profits\/","url_meta":{"origin":141376,"position":1},"title":"Mahindra Holidays &#038; Resorts India Ltd Q4FY24; 48% rise in Profits","author":"Chirag Gupta","date":"April 26, 2024","format":false,"excerpt":"Mahindra Holidays & Resorts India Ltd. (MHRIL), a part of the Leisure and Hospitality sector of the Mahindra Group offers family holidays primarily through vacation ownership memberships. Started in 1996, the company's flagship brand \u2018Club Mahindra\u2019 has over 250,000 members. The Company is the largest Vacation Ownership companyoutside the US\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-55.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-55.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-55.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-55.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-55.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/04\/image-55.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149837,"url":"https:\/\/alphastreet.com\/india\/mahindra-holidays-97-fall-in-profits\/","url_meta":{"origin":141376,"position":2},"title":"Mahindra Holidays &#038; Resorts India Ltd Q1FY24; 97% fall in Profits","author":"Karan_Singh","date":"July 25, 2023","format":false,"excerpt":"Mahindra Holidays & Resorts India Ltd. (MHRIL), a part of the Leisure and Hospitality sector of the Mahindra Group offers family holidays primarily through vacation ownership memberships. Started in 1996, the company's flagship brand \u2018Club Mahindra\u2019 has over 250,000 members. 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(MHRIL), a part of the Leisure and Hospitality sector of the Mahindra Group offers family holidays primarily through vacation ownership memberships. Started in 1996, the company's flagship brand \u2018Club Mahindra\u2019 has over 250,000 members. 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