Mahindra Holidays & Resorts India Limited — Updates, 23-07-2025: Press Release
23-07-2025 | 02:46 pm
23-07-2025 | 02:46 pm
Mahindra Holidays (MHRIL) reported robust financial results, with Standalone PAT surging 69% and Consolidated PAT up 18%. Resort revenue grew 10% to Rs 114 Cr, maintaining 85.4% occupancy on an expanded base of 5794 keys across 126 resorts. A new expansion project commenced in Puducherry, with five others progressing towards the 10,000-room target by FY30. Membership sales saw Average Unit Realization (AUR) increase 69% to Rs 8.3L, driven by premiumization. The company holds a strong cash position of Rs 1576 Cr. European operations showed resilience despite currency impacts.
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