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Published on 3/05/2021 4:33:11 PM | Source: Angel Broking Ltd

Mahindra Holidays & Resorts - 4QFY21 Result Update by Mr. Amarjeet Maurya, Angel Broking

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Below are Views On Mahindra Holidays & Resorts -4QFY21 Result Update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd

For Q4FY21, Mahindra Holidays & Resorts India Ltd (MHRIL)’s consolidated net sales de-grew by ~21% to Rs496cr due to Covid-19 related challenges. During the quarter, consolidated EBITDA stood at ~Rs75cr and EBITDA margins (at 15.2%) contracted by 369 bps on account due to high cost. Consolidated Loss (after tax) is Rs9.7cr for Q4FY21 as against Profit of Rs38.2cr in Q4FY20.

 

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