Mahindra Holidays Q2 consolidated net profit rises 16.42% to Rs 19.71 crore
Mahindra Holidays & Resorts India reported Q2 consolidated profit of Rs 19.71 crore, with revenue from operations up 9.3% year on year.
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what happened
According to Moody's, Mahindra Holidays & Resorts India Ltd reported on Wednesday that its consolidated net profit for the quarter ended September 30 rose 16.42% year on year, to Rs 19.71 crore from Rs 16.93 crore a year earlier. The figures were disclosed in a regulatory filing.
Revenue from operations grew 9.3% to Rs 784.13 crore. Managing Director and CEO Manoj Bhat said membership sales rose for a second consecutive quarter and occupancy improved by 220 basis points. The company expanded two resorts, renovated two properties and exited some resorts based on guest feedback. Its Finnish unit, Holiday Club Resorts Oy, delivered stable results despite a weak local economy.
why it matters
Profit growth outpacing revenue growth points to resilience in the domestic membership and resort business. The shares closed at Rs 200.15 on BSE on Wednesday, up 1.14%. The results concern a single holiday operator, so the impact on the broader market is limited.
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- Mahindra Holidays & Resorts Q2 consolidated net profit rises 16.42% to ₹19.71 crore — Moody's, 21 October 2026 at 12:08 UTC
- Mahindra Holidays Q2 Net Profit Rises 16.42% To Rs 19.71 Cr — Moody's, 21 October 2026 at 14:10 UTC
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