Mahindra Holidays Q1 FY27: Revenue up 5% YoY to ₹773.5 Cr, PAT ₹-8.6 Cr
Mahindra Holidays & Resorts India Ltd. announced its unaudited standalone and consolidated financial results for the first quarter ended 30th June 2026. Consolidated revenue increased by 5% year-on-year to ₹773.5 Cr, while consolidated PAT stood at ₹-8.6 Cr. Sales value, including upgrades, surged by 22% YoY to ₹154 Cr, driven by premiumization and upgrades. Resort revenue saw double-digit growth of 10% YoY to ₹126 Cr with an 86.7% occupancy rate. The company is transforming existing resorts and rationalizing select properties. Deferred revenue stands at ₹5,825 Cr and cash at ₹1420 Cr as of June 30, 2026. Profitability in India was impacted by growth costs, while international operations faced headwinds.
Key Highlights
- Consolidated revenue grew 5% YoY to ₹773.5 Cr in Q1 FY27.
- Sales value including upgrades up 22% YoY to ₹154 Cr.
- Resort revenue increased 10% YoY to ₹126 Cr with 86.7% occupancy.
- Deferred revenue at ₹5,825 Cr; cash reserves at ₹1420 Cr.
- Consolidated PAT was ₹-8.6 Cr for Q1 FY27.
Price Impact
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