Will invest Rs 1,000 crore over next 4 years: Kavinder Singh, Mahindra Holidays
  • WebDesk BTVI
  • Aug 01 2019

Kavinder Singh, MD and CEO of Mahindra Holidays, gives an overview of the company’s Q1 earnings and says the company registered a good performance given the slowdown. The company saw a 32% jump in profit with total income up 9% at Rs 265 crore. He says the quarter helped the firm improve its cash position from Rs 572 crore to Rs 655 crore. On business outlook, he says the firm will invest Rs 1,000 crore over the next four years to generate 1,400 rooms.