Hotels company Mahindra Holidays & Resorts India announced Q1FY25 results: Consolidated: Total Income at Rs 686 crore (+5% YoY) EBITDA at Rs 139 crore (+14% YoY); EBITDA margin at 20.2% (+160 bps YoY) PAT at Rs 6 crore Standalone: Total Income at Rs 384 crore (+8% YoY); Resort Income at Rs 94 crore EBITDA at Rs 113 crore (+17% YoY); EBITDA Margin at 29.5% (+220 bps YoY) PAT at Rs 45 crore (+19% YoY); PAT Margin at 11.8% (+110 bps YoY) Cash Position at Rs 1,437 crore as on 30th June'24 Operational Highlights: Member additions at 3,692; AUR at Rs 4.9L (+31% YoY) Membership Sales Value at Rs 182 crore (+3% YoY) Cumulative member base grows to 3 Lakh+ Resort occupancy stable at 90% on expanded inventory base Operations commenced at two Resorts, ~200 keys (Pelling, Sikkim and Agra) One new expansion project commenced at Treehouse, Jaipur in addition to two ongoing Greenfield projects at Ganpatipule, MH and Theog, HP and one expansion project at Kandaghat, HP. Commenting on the performance, Manoj Bhat, Managing Director and Chief Executive Officer, Mahindra Holidays & Resorts India, said, " Its been a robust quarter on multiple parameters. We have added new members at higher realization and now have 3 lakh plus members. We delivered 90% occupancy while being on track in terms of inventory expansion. Our profit margins expanded by 110 bps while standalone PAT grew 19%" Commenting on European operations, He added, "Holiday Club Resorts (HCR), our European Subsidiary, has delivered a stable performance despite the adverse macroeconomic situation. We continue to focus on improving operating metrics" Result PDF