NewKerala.com

Mahindra Holidays Q4 Profit Plunges 43% to Rs 41.5 Crore Despite Revenue Growth

Mahindra Holidays and Resorts reported a 43% decline in Q4 profit to Rs 41.49 crore, despite revenue growing to Rs 820.29 crore. Higher expenses and one-time impacts squeezed profitability during the quarter. For the full fiscal year, profit fell to Rs 67 crore from Rs 125.95 crore, though annual revenue rose to Rs 2,991.74 crore. The company's international operations faced pressure from geopolitical challenges and a slowdown in the Finnish economy.

Key Points: Mahindra Holidays Q4 Profit Drops 43% to Rs 41.5 Crore

  • Q4 profit fell 43% to Rs 41.49 crore
  • Revenue rose to Rs 820.29 crore from Rs 778.83 crore
  • Total expenses increased to Rs 778.65 crore
  • Full year profit dropped to Rs 67 crore from Rs 125.95 crore
2 min read

Mahindra Holidays and Resorts' Q4 profit slumps 43 pc to Rs 41.5 crore

Mahindra Holidays Q4 profit fell 43% to Rs 41.49 crore despite revenue rising to Rs 820.29 crore. Higher expenses and one-time impacts hit earnings.

"The company continued to execute its growth strategy in India, driven by network expansion and improved resort quality. - Manoj Bhat"

Mumbai, April 27

Mahindra Holidays and Resorts India Limited on Monday reported a 43 per cent decline in its fourth-quarter earnings, with consolidated profit after tax falling to Rs 41.49 crore for the quarter ended March 31.

The company had posted a profit of Rs 72.94 crore in the same period previous financial year (Q4 FY25), according to its regulatory filing.

The drop in profit came despite a rise in revenue, as the company faced higher expenses and one-time impacts.

Revenue from operations in the January-March quarter rose to Rs 820.29 crore from Rs 778.83 crore a year earlier.

However, total expenses increased significantly to Rs 778.65 crore, compared with Rs 704.7 crore in the corresponding quarter of the previous fiscal.

For the full financial year 2025-26, the company's consolidated profit after tax stood at Rs 67 crore, down from Rs 125.95 crore in FY25.

Meanwhile, annual revenue from operations increased to Rs 2,991.74 crore, up from Rs 2,780.85 crore in the previous financial year, as per its regulatory filing.

Commenting on the performance, Managing Director and CEO Manoj Bhat said the company continued to execute its growth strategy in India, driven by network expansion and improved resort quality.

He noted that several new managed resorts were added during the year, contributing to growth.

However, the company's international operations remained under pressure due to geopolitical challenges, a slowdown in the Finnish economy and adverse weather conditions.

He said the management is now focused on improving the operating performance of its international business in the coming quarters.

The shares of the firm were closed at Rs 248.25, down by Rs 10.46 or 4.04 per cent. In last five days, the shares were down by Rs 21.09 or 7.83 per cent.

The stock has delivered a positive return of Rs 9.65 or 4.04 per cent in last one month to its investors.

- IANS

Share this article:

Reader Comments

P
Priya S
With all the hype about domestic tourism in India, I was expecting better from a big player like Mahindra Holidays. Adding new resorts is good, but international operations seem to be a real pain point. Let's see how they turn it around.
M
Michael C
A 43% drop in profit is rough. But revenue growth shows the core business isn't broken. It's probably the one-time costs and geopolitical issues in Finland that hit hard. Stock down 4% today reflects the sentiment.
K
Kavya N
Profit down, but revenue up — typical Indian corporate story, yaar. Expenses are eating into margins. At least annual revenue crossed ₹2,991 crore! Let's hope they manage costs better next year. 🏖️
R
Rohit P
Just last month the stock gave 4% return, but now it's down 7.8% in five days. Classic volatility in hospitality stocks. The international business needs a serious fix — Finnish economy slowdown and bad weather? That's beyond their control.
J
James A
Not surprised. Hospitality is tough globally right now. Revenue up 5.3% is decent, but expenses grew 10.5% — that's the problem. Manoj Bhat needs to rein in costs or the international arm will continue to bleed.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50