Mahindra Holidays and Resorts India Limited disclosed a 43% decrease in its fourth-quarter earnings for FY26, with a consolidated profit after tax of Rs 41.49 crore as of March 31. Despite a revenue increase, the company experienced a drop in profit due to higher expenses and one-time impacts. Revenue from operations in the January-March quarter climbed to Rs 820.29 crore, up from Rs 778.83 crore in the previous year.
For the full financial year 2025-26, the company’s consolidated profit after tax was Rs 67 crore, a decrease from Rs 125.95 crore in FY25. Annual revenue from operations rose to Rs 2,991.74 crore, compared to Rs 2,780.85 crore in the prior financial year. Managing Director and CEO Manoj Bhat highlighted the company’s growth strategy in India, emphasizing network expansion and enhanced resort quality.
Bhat mentioned the addition of several new managed resorts during the year, contributing to the company’s growth. However, the company faced challenges in its international operations due to geopolitical issues, a sluggish Finnish economy, and adverse weather conditions. The management is now concentrating on enhancing the operational performance of its international business in the upcoming quarters.
The company’s shares closed at Rs 248.25, marking a 4.04% decline of Rs 10.46. Over the last five days, the shares decreased by Rs 21.09 or 7.83%. Investors saw a positive return of Rs 9.65 or 4.04% in the last month.
