Mahindra Holidays & Resorts India's Q3 FY 2025-26 Quarterly Results
- 30 Jan 2026
Result Summary
- Mahindra Holidays & Resorts India Ltd reported a 4.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.1%.
- Its expenses for the quarter were up by 6.6% QoQ and 14.7% YoY.
- The net profit decreased 91.7% QoQ and decreased 96.0% YoY.
- The earnings per share (EPS) of Mahindra Holidays & Resorts India Ltd stood at 0.11 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 782.47 | 749.45 | 710.39 | 4.4% | 10.1% |
Total Expenses | 760.19 | 713.33 | 662.69 | 6.6% | 14.7% |
Profit Before Tax | 11.22 | 36.13 | 47.70 | -68.9% | -76.5% |
Tax | 10.13 | 18.57 | 12.54 | -45.4% | -19.2% |
Profit After Tax | 1.40 | 16.93 | 35.42 | -91.7% | -96.0% |
Earnings Per Share | 0.11 | 0.89 | 1.73 | -87.6% | -93.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Mahindra Holidays & Resorts India Ltd operates within the hospitality and leisure industry, primarily focusing on providing vacation ownership and related services. The company is a part of the Mahindra Group, which is a diversified Indian multinational conglomerate. Its core product offering is vacation ownership through its flagship brand Club Mahindra. This provides members with holiday accommodation across various resorts in India and abroad. The company is known for its expansive network of resorts, which caters to families seeking leisure and recreational experiences. As an entity in the hospitality sector, Mahindra Holidays & Resorts India Ltd is influenced by tourism trends, economic conditions, and consumer spending in the leisure segment.
Revenue
During the third quarter of the fiscal year 2026, Mahindra Holidays & Resorts India Ltd reported a total income of ₹782.47 crores. This represents a quarter-over-quarter (QoQ) increase of 4.4% from the previous quarter, Q2FY26, where the total income was ₹749.45 crores. When compared to the same quarter in the previous fiscal year, Q3FY25, the total income saw a year-over-year (YoY) increase of 10.1%, rising from ₹710.39 crores. This growth in total income over both the quarterly and annual periods underscores the company's revenue generation capabilities during this period.
Profitability
For Q3FY26, the company's profit before tax (PBT) was ₹11.22 crores, which is a significant decline of 68.9% QoQ from ₹36.13 crores in Q2FY26. This also reflects a decrease of 76.5% YoY from ₹47.70 crores in Q3FY25. The tax expenses for Q3FY26 were ₹10.13 crores, showing a reduction of 45.4% QoQ and 19.2% YoY. Profit after tax (PAT) for the third quarter was ₹1.40 crores, marking a substantial decrease of 91.7% QoQ and 96.0% YoY. The earnings per share (EPS) also dropped from ₹0.89 in Q2FY26 and from ₹1.73 in Q3FY25 to ₹0.11 in Q3FY26, reflecting declines of 87.6% QoQ and 93.6% YoY, respectively.
Operating Metrics
Total expenses for Mahindra Holidays & Resorts India Ltd in Q3FY26 were ₹760.19 crores, which increased by 6.6% from ₹713.33 crores in the preceding quarter, Q2FY26. Compared to the same quarter in the previous year, Q3FY25, there was a 14.7% rise from ₹662.69 crores. This rise in expenses outpaced the growth in total income, impacting profitability metrics such as profit before tax and profit after tax. The company's operating performance in terms of expense management and its impact on the overall profitability is a critical aspect of this financial period.