Mahindra Holidays & Resorts India Ltd. announces its results for Q4 and FY’23

The consolidated FY’23 PAT grows by 68% YoY to INR 114 Crs

Mumbai, April 25, 2023: Mahindra Holidays & Resorts India Ltd. (‘Company’), India’s leading leisure hospitality provider reported its standalone and consolidated financials for the fourth quarter and financial year ending 31st March 2023.

Operational Highlights (Standalone)

Member Additions

FY23

Mr. Arun Nanda announces his retirement after an outstanding innings

His most significant achievements include the Group's diversification into leisure and hospitality, and the pioneering work he did in setting up Mahindra World Cities in Chennai and Jaipur

Mumbai, April 25, 2023: After a long innings of 50 years, Mr. Nanda, Chairman of Mahindra Holidays & Resorts India Ltd (MHRIL) notified the Board that he will not seek reappointment, consistent with the age limit for non-executive roles, thereby, he will retire at the upcoming AGM on July 25, 2023.

MHRIL signs an MOU with WBTDC & SIDC for development of Tourism in West Bengal

Kolkata: Mahindra Holidays & Resorts India Ltd, (MHRIL) a leisure hospitality provider that offers quality family holidays and a part of the Mahindra Group of Companies today signed an MoU with the West Bengal Tourism Development Corporation (WBTDC) & Sunderban Infrastructure Development Corporation (SIDC). The MOU was signed in the august presence of Mr. Buddhadeb Bhattacharjee, Hon Chief Minister of West Bengal & Mr. Manabendra Mukherjee Hon Minister for Tourism, Micro & Small Scale Enterprises & Textiles, Govt of West Bengal and Mr.