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Mahindra Holidays & Resorts India net profit declines 21.14% in the March 2014 quarter

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Capital Market

Sales rise 12.47% to Rs 210.75 crore

Net profit of Mahindra Holidays & Resorts India declined 21.14% to Rs 24.39 crore in the quarter ended March 2014 as against Rs 30.93 crore during the previous quarter ended March 2013. Sales rose 12.47% to Rs 210.75 crore in the quarter ended March 2014 as against Rs 187.38 crore during the previous quarter ended March 2013.

For the full year,net profit declined 11.64% to Rs 94.53 crore in the year ended March 2014 as against Rs 106.98 crore during the previous year ended March 2013. Sales rose 10.88% to Rs 730.18 crore in the year ended March 2014 as against Rs 658.54 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales210.75187.38 12 730.18658.54 11 OPM %20.2827.33 -21.7825.40 - PBDT47.7853.85 -11 179.45180.04 0 PBT36.5248.41 -25 141.42158.85 -11 NP24.3930.93 -21 94.53106.98 -12

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First Published: May 07 2014 | 12:49 PM IST

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