Q3 2024 Mahindra Holidays and Resorts India Ltd Earnings Call Transcript

Feb 02, 2024 / 10:30AM GMT
Operator

Ladies and gentlemen, good afternoon, and welcome to the Mahindra Holidays & Resorts India Limited Q3 and Nine Months FY24 earnings conference call. (Operator Instructions) As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Kavinder Singh, Managing Director and CEO. Please go ahead.

Kavinder Singh - Mahindra Holidays and Resorts India Ltd - Chief Executive Officer, Managing Director, Executive Director

Good evening, everyone, and a very warm welcome to our quarter three FY24 earnings call. On the call with me today, we have Mr. Ram Mundra, our Interim CFO. You can find our quarterly results and investor presentation referred to in our remarks today on the stock exchanges and our company website. I sincerely hope you have had a chance to go through them.

I think let me start little bit with the industry, at an industry level, occupancy is around stable at around 61% to 63%. Our ADRs were trending significantly higher at around INR 8,500 in December, mainly due to the aftereffects of the events like G20

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot