Mahindra Holidays Q2 FY27 Results: PAT up 17% YoY, Revenue ₹819.7 Cr

Mahindra Holidays & Resorts India Ltd. announced its unaudited standalone and consolidated financial results for the second quarter ended September 30, 2026. The company reported a consolidated Profit After Tax (PAT) of ₹19.7 Cr, a 17% year-on-year increase. Consolidated total income rose to ₹819.7 Cr from ₹749.5 Cr in the same period last year. Key operational highlights include a 6% YoY growth in sales to ₹141 Cr, a 43% YoY increase in Average Unit Realisation (AUR) to ₹13.4 Lakhs, and membership upgrades of ₹83 Cr (+26% YoY). Resort revenue grew by 15% YoY to ₹96 Cr with an occupancy rate of 75.6%. Deferred revenue stood at ₹5,828 Cr and cash at ₹1,329 Cr as of September 30, 2026. The company also noted progress in resort expansions and transformations, with plans to add approximately 1,000 keys in the next two quarters.