{
  "id": 15867830,
  "title": "Mahindra Holidays & Resorts Reports 17% Rise In Consolidated PAT To ₹19.7 Crore; Resort Revenue Grows 15%",
  "url": "https://urgent.news/2026/10/21/mahindra-holidays-resorts-reports-17-rise-in-consolidated-pat-to-19-7",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-21T08:27:11.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/mahindra-holidays-resorts-reports-17-rise-in-consolidated-pat-to-197-crore-resort-revenue-grows-15"
  },
  "original_language": "en",
  "account": "Mumbai: On October 21, 2026, Mahindra Holidays & Resorts India Ltd. reported a 17% increase in its consolidated profit after tax to ₹19.7 crore for the quarter ending September 30, 2026. Total income for the period grew to ₹819.7 crore. Financial Performance showed an EBITDA of ₹194.8 crore, up from ₹184.9 crore compared to the same quarter last year. Standalone Results saw total income at ₹395.3 crore, up from ₹380.7 crore a year earlier. Standalone PAT fell to ₹43.3 crore from ₹51.7 crore in the previous year. Sales at the resort network grew by 6% year-on-year, reaching ₹141 crore. Membership upgrades contributed ₹83 crore, a 26% rise. Mahindra Holidays expanded two resorts and transformed two existing properties. Six resorts were exited due to guest feedback and ratings, with five more transformations ongoing. The company aims to add about 1,000 keys over the next two quarters, targeting 10,000 keys by FY30. Manoj Bhat, Managing Director and CEO, noted the domestic business's positive momentum, with membership sales growing for the second consecutive quarter and resort revenue continuing double-digit growth. Current holdings include ₹5,828 crore in deferred revenue and ₹1,329 crore in cash. The resort portfolio has 5,762 keys across 106 resorts, with a member base of 3,02,886 as of September 30, 2026.",
  "summary": "Mumbai: Mahindra Holidays & Resorts India Ltd. on 21 October 2026 announced a 17 per cent increase in its consolidated profit after tax (PAT) to ₹19.7 crore for the quarter ended 30 September 2026. The company’s consolidated total income also grew to ₹819.7 crore for the same period. Financial Performance Consolidated EBITDA for the quarter stood at ₹194.8 crore, up from ₹184.9 crore in the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}