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Mahindra Holidays profit plunges 43% as impairment and labour code hit Q4 results hard
Business
Published on 27 April 2026
A big profit drop tied to impairment charges
Mahindra Holidays & Resorts India reported a 43% fall in Q4 consolidated profit after tax to Rs 41.49 crore for the quarter ended March 31, 2026. The company pointed to higher outflows from impairment charges, the impact of India’s new labour code, and adverse forex movements, which together weighed on earnings despite the period’s operating performance.
- Q4 profit after tax fell 43% to Rs 41.49 crore
- Impairment charges drove part of the earnings pressure
- New labour code and forex movement further hurt results
- Management linked the decline to multiple cost and FX factors
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times