Consolidated total income stood at Rs 418.29 crore for the quarter under consideration. It was Rs 325.20 crore for the same period a year ago, it added.
“The Board of Directors announced the issue of bonus shares in the ratio of 1:2, i.e. 1 bonus equity share for each 2 fully paid equity shares held,” MHRIL said.
MHRIL MD and CEO Kavinder Singh said, “Despite the extremely adverse situation caused by the second wave of pandemic, we have delivered a strong performance during the quarter.”
The company’s business model is unique and resilient and it has seen recovery in member additions as the second wave began to recede from mid-June onwards, he added.
Shares of Mahindra Holidays & Resorts India closed at Rs 318.60 per scrip on BSE, up 0.11 percent from its previous close.
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