Hotels company Mahindra Holidays & Resorts India announced Q2FY25 results Standalone Financial Highlights: Total Income at Rs 371 crore (+12% YoY). EBITDA at Rs 120 crore (+13% YoY); EBITDA Margin at 17.2% (+30 bps YoY). PAT at Rs 47 crore (+14% YoY); PAT Margin at 12.7% (+30 bps YoY). Deferred Revenue stands at Rs 5,685 crore. Cash Position at Rs 1452 crore as on 30th Sept'24 Consolidated Financial Highlights: Total Income at Rs 706 crore (+5% YoY). EBITDA at Rs 159 crore (+4% YoY); EBITDA Margin at 22.5%. PAT at Rs 11.5 crore (PAT excluding forex impact at Rs 27 crore, +36% YoY) Operational Highlights: Member additions at 3,583; cumulative members base of 3,02,274 members. Average Unit Realisation (AUR)1 at Rs 5.04 L (+28% YoY). Membership Sales Value1 at Rs 180 crore. 3 new managed resorts added to the network- Bharatpur (Rajasthan), Pavagadh, (Gujarat) and Mysuru (Karnataka). Inventory expanded by 219 keys to 5492 keys. Resort performance stable YoY with Occupancy at 77.3% despite disruptions due to inclement weather in certain locations. Tripadvisor Travellers’ Choice Award 2024 for being in the Top 10% worldwide received for Barbeque Bay (Saj Mahabaleshwar & Madikeri), Ascot (Ooty), Seashellz (Puducherry). New 5-year tenure product GoZest-5 launched. Manoj Bhat, Managing Director and Chief Executive Officer, Mahindra Holidays & Resorts India, said: " In line with our aspiration of 10,000 keys by FY30, we had a strong inventory addition of 219 keys this quarter. We have also added three managed resorts at Bharatpur (Rajasthan), Pavagadh (Gujarat) and Mysuru (Karnataka). Our focus on premiumization continues with higher sales realization. Our margins expanded & standalone profit grew by 14% YoY.” Result PDF