Hotels company Mahindra Holidays & Resorts India announced Q1FY26 results Total Income: Rs 740.2 crore compared to Rs 686.1 crore during Q1FY25 change 8%. EBITDA: Rs 161.2 crore compared to Rs 138.6 crore during Q1FY25 change 16%. PBT: Rs 26.3 crore compared to Rs 14.0 crore during Q1FY25 change 87%. PAT: Rs 7.2 crore compared to Rs 6.1 crore during Q1FY25 change 18%. Manoj Bhat, Managing Director & Chief Executive Officer, Mahindra Holidays & Resorts India, said: " We have delivered a strong performance this quarter. Our domestic business continues to do very well. Our standalone profit grew by 69% and our PAT margin expanded by 680 bps. Resort performance has been consistent with double-digit revenue growth and sustained occupancy of 85%+ on an expanded inventory base. We have commenced a new expansion project and are focused on achieving our aspiration of 10,000 rooms by FY30. Our strategy of selective member addition while pursuing premiumization reflects in continued growth in average unit sales realization. Our European operation, HCRO, has improved its performance in a weak seasonal quarter showing resilience amidst multiple economic headwinds. Our consolidated profits were impacted by adverse currency movements largely due to the sharp movement in the Euro, Despite this, our consolidated profits up by 18% YoY" Result PDF
Hotels company Mahindra Holidays & Resorts India announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total Income: Rs 807.1 crore compared to Rs 830.3 crore during Q4FY24, change -3%. EBITDA: Rs 232.7 crore compared to Rs 217.9 crore during Q4FY24, change 7%. PBT: Rs 102.4 crore compared to Rs 109.1 crore during Q4FY24, change -6%. PAT: Rs 72.9 crore compared to Rs 83.2 crore during Q4FY24, change -12%. Inventory expanded by 149 keys to 5847 keys. Acceleration in resort revenue, Rs 107 crore (+14% YoY). New managed resorts added to the network at Dindi, Andhra Pradesh and Ranthambore, Rajasthan. Phase-2 inventory addition completed at Pavagadh, Gujarat. Resort occupancy of 85% on expanded inventory base. Average Unit Realisation (AUR) at Rs 7.72L (+ 82% YoY). Cumulative member base grows to 3,04,508. FY25 Financial Highlights: Total Income: Rs 2,909.8 crore compared to Rs 2,819.6 crore during FY24, change 3%. EBITDA: Rs 707.8 crore compared to Rs 628.9 crore during FY24, change 13%. PBT: Rs 192.5 crore compared to Rs 159.5 crore during FY24, change 21%. PAT: Rs 125.9 crore compared to Rs 116.1 crore during FY24, change 8%. Highest ever inventory addition of 520 keys. Strong growth in resort revenue, Rs 396 crore (+8% YoY). 1.4 million+ guests welcomed; occupancy stable at 84% on expanded inventory base. Average Unit Realisation (AUR) at Rs 5.73L (+ 39% YoY). Deferred Revenue stands at Rs 5,736 crore. Cash Position at Rs 1,555 crore as on 31st Mar'25 Manoj Bhat, Managing Director & Chief Executive Officer, Mahindra Holidays & Resorts India, said: "Our network expansion momentum further gained pace with the addition of more than 500 keys to our portfolio in FY25. Our consistent delivery of exceptional customer experience has helped us deliver double-digit growth in resort revenues for two consecutive quarters. We have recorded significant growth in average unit sales realization as part of our premiumization strategy. Our domestic business has been robust with FY25 standalone profit growth of 25% and margin expansion by 170 bps. Our European operations, HCRO, has delivered a steady performance despite multiple economic headwinds. Our FY25 consolidated profits* are up by 37%, reflecting our focus on improving our operating metrics." Result PDF