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Now, Mahindra Holidays among world’s top 10

Mahindra Holidays & Resorts India Ltd. [MHRIL], which is part of the $15.4 bn Mahindra Group, on Friday announced its second quarter results with operating income growing by 11 per cent to Rs 165 crore over the same quarter last year. Net profit after tax [PAT] increased by 12 per cent to Rs 27 crore over the same quarter last year. In the last quarter, the MHRIL membership base crossed 150,000, taking it into the list of top 10 vacation ownership companies globally.

Mahindra Holidays & Resorts India Ltd Chairman Arun Nanda, said, ‘Our growth in inventory and large member base will give a huge positive momentum to the business. Using our unique expertise in the field, we will continue to raise the bar on member service and satisfaction.’

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