Arun Nanda, who created Mahindra Holidays & Resorts, India's largest publicly listed timeshare vacation provider, says you stop growing the day you stop learning. The Mahindra group veteran is all for risk-taking but also stresses on humility and empathy.
The leisure hospitality company's PAT stood at Rs 35.7 crore in the same period last year, MHRIL said in a release issued here.
Mahindra Holidays & Resorts India today reported a 15.19 percent rise in standalone net profit at Rs 35.71 crore for the third quarter ended December 31, 2016.
MHRIL has completed, on September 02, necessary formalities for increasing its stake to 83.20 percent in Holiday Club Resorts Oy, Finland (HCR) through its overseas subsidiary. Consequent to this transaction, HCR and HCR Management Oy, Finland, became subsidiaries of the company with immediate effect.
The company had posted net profit of Rs 20.42 crore for the April-June period of 2014-15, Mahindra Holidays & Resorts India Ltd (MHRIL) said in a filing to the BSE.
Mahindra group firm Mahindra Holidays & Resorts India (MHRIL) on Wednesday said the IPP issue committee of the board of directors of the company has finalised the issue price of Rs 255 per equity share to be issued pursuant to an institutional placement programme to qualified institutional buyers (QIBs), MHRIL said in a filing to BSE.
Mahindra Holidays & Resorts India Ltd (MHRIL) today said it has acquired 49 per cent stake in Infinity Hospitalities Group Company for an undisclosed sum following which it has added a new resort in Bangkok.