Mahindra Holidays & Resorts India reports Q3 net loss at Rs 67.34 lakh
Mon, Jan 25, 2021 7:10 PM

Mahindra Holidays & Resorts India reports Q3 net loss at Rs 67.34 lakh

A Flip by Flipitnews
Get it on Google Play
Mahindra Holidays & Resorts India Ltd (MHRIL) on Monday announced a consolidated net loss of Rs 67.34 lakh for the Q3 2020. The company had posted a net profit of Rs2.03 crore for the same period of the previous fiscal. Consolidated revenue from operations stood at Rs489.14 crore for the quarter under consideration. It was Rs588.26 crore a year ago.

More great flips

Godawari Power to buy back ₹301 crore shares at ₹1,400 each, board approves

Godawari Power to buy back ₹301 crore shares at ₹1,400 each, board approves

Godawari Power and Ispat's board approved a share buyback of up to 21.5 lakh equity shares at ₹1,400 per share, amounting to ₹301 crore, representing 1.64% of the company's total paid-up equity share capital. This is the company's second buyback, following a ₹250 crore buyback last year. The move aims to return cash to investors in a tax-efficient manner.

Open Flip
Adani Group only a project developer for Dharavi: Sources

Adani Group only a project developer for Dharavi: Sources

The Adani group will redevelop Dharavi slum, building houses for residents, with land parcels transferred to the Maharashtra government's departments. The project's estimated cost is not disclosed. Adani group will pay a premium of 170% of the prevailing ready reckoner rates for the development. The project will provide housing to all eligible residents, with flats measuring 350 sq ft.

Open Flip
East India dominates Indian cosmetics market; sales surge by over 30%

East India dominates Indian cosmetics market; sales surge by over 30%

East India accounts for over a third of India's cosmetic sales, with 186 million pieces sold in the past year. The region leads in makeup usage per person, with women preferring a wide range of shades. The cosmetics market in India generated Rs 2,900 crore in revenue in FY24, with lip products dominating at Rs 1,700 crore, and online shopping accounting for 28% of sales.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon