In Q2FY17, MHRIL reported a good performance with 10.0% growth in topline and 22.0% YoY growth in bottomline to Rs. 2581 Mn and Rs.328 mn respectively. EBITDA margins improved marginally by 51 bps to 24.7% on YoY basis. ASF (Annual Subscription Fees) income is up 22.2% to Rs. 550 mn from Rs. 448 mn on the back of increase in member base. Resort income continues to grow steadily; for the quarter-ended Sep, 2016, it stood at Rs.395 Mn, up 8.0% from Rs. 365 Mn same quarter a year ago.