Results - Announcements
Mahindra Holidays & Resorts India Ltd share price softened by 1.76% to Rs 197.9 after the company's net profit plunged by 330.37% to Rs 19.72 crore, while revenue from operations slightly gained 7% to Rs 784.13 crore in Q3FY26 over Q2FY26.
The market capitalization of Hotels & Resorts industry group stocks on BSE stood at Rs 2.58 lakh crore, plunging by 15.36%. It has inched up 2.86% over last one week and crept higher by 2.30% in last one month while the market capitalization of Mahindra Holidays & Resorts India Ltd has slipped by 0.98% and 9.10% in the same period respectively.
Profit before tax (PBT) of Mahindra Holidays & Resorts India Ltd stood at Rs 34.14 crore in Q3 FY26, slipping 3.86% year-on-year, and nosediving by 1170.22% quarter-on-quarter. EBITDA came in at Rs 124 crore, easing 2.67% YoY and surging by 71.85% sequentially.
Total expenses posted a minor rise of 0.26% to Rs 731.28 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 218.74 crore, registering a marginal contraction of 1.95% YoY.
For the TTM ended FY26, revenue from operations inched higher 7.58% to Rs 2991.74 crore, while net profit witnessed a sharp fall of 46.80% to Rs 67.0 crore, compared to previous TTM. EBITDA soared by 49216% to Rs 492.27 crore, and PBT collapsed by 27.99% to Rs 138.65 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 530.76 crore in FY26, as against Rs 621.46 crore in FY25.
Mahindra Holidays & Resorts India Ltd crashed 40.83% in last one year, underperforming the benchmark BSE Sensex which has slipped by 12.46% during the same period.