Mahindra Holidays up 1% post Q2 results

NEW DELHI: Mahindra Holidays & Resorts India rose nearly 1 per cent in muhurat trading trade on Sunday to Rs 451 after the company reported a 22 per cent rise in standalone net profit at Rs 32.86 crore for the second quarter ended September 30, 2016.

The company had posted a net profit of Rs 26.93 crore for the corresponding period of the previous financial year, the company said in a filing to BSE.

Total standalone income from operations rose to Rs 258.07 crore for the quarter under consideration against Rs 234.56 crore posted for the same period a year ago.