Mahindra Holidays & Resorts Q1 Results Live : Mahindra Holidays & Resorts announced their Q1 results on 25 Jul, 2024, showcasing a 6.28% increase in revenue and an impressive 3153.78% rise in profit year-over-year.
However, the company experienced a decline of 18.41% in revenue and a significant 92.85% drop in profit compared to the previous quarter.
Despite the quarterly fluctuations, Mahindra Holidays & Resorts managed to reduce Selling, general & administrative expenses by 0.52% quarter-over-quarter, while seeing a 2.58% increase year-over-year.
The operating income followed a similar pattern, decreasing by 83.59% from the previous quarter but soaring by 524.65% compared to the same quarter last year.
The EPS for Q1 stood at ₹0.29, marking a substantial 2800% increase year-over-year for the company.
In terms of market performance, Mahindra Holidays & Resorts delivered returns of 5.47% in the last week, 19.99% in the last 6 months, and 25.9% year-to-date.
As of now, the company boasts a market capitalization of ₹9617.3 Cr with a 52-week high/low stock price of ₹505 and ₹328.3 respectively.
Mahindra Holidays & Resorts Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 652.86 | 800.19 | -18.41% | 614.31 | +6.28% |
| Selling/ General/ Admin Expenses Total | 191.2 | 192.19 | -0.52% | 186.38 | +2.58% |
| Depreciation/ Amortization | 88.66 | 86.03 | +3.05% | 81.25 | +9.11% |
| Total Operating Expense | 636.15 | 698.44 | -8.92% | 611.63 | +4.01% |
| Operating Income | 16.7 | 101.75 | -83.59% | 2.67 | +524.65% |
| Net Income Before Taxes | 14.04 | 109.1 | -87.13% | 8.71 | +61.15% |
| Net Income | 5.89 | 82.36 | -92.85% | 0.18 | +3153.78% |
| Diluted Normalized EPS | 0.29 | 4.09 | -92.91% | 0.01 | +2800% |