Mahindra Holidays & Resorts India Limited — Investor Meet, 31-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Mahindra Holidays & Resorts India Limited reported a 14% profit increase to ₹47 crores for Q2 FY25, driven by a 12% rise in total income to ₹371 crores. Membership additions decreased by 27%, yet average revenue per member grew by 28%. The company launched a new 5-year membership product, GoZest-5, to attract customers. Strong cash position at ₹1,452 crores supports ongoing inventory expansion, targeting 10,000 rooms. The overall market sentiment remains positive.