Question 1

What was Mahindra Holidays & Resorts India's net profit in Q2 FY27?

Accepted Answer

Consolidated net profit was ₹20 crore, up 4.6% from ₹19.1 crore in Q2 FY26 and against a loss of ₹8.7 crore in Q1 FY27.

Question 2

What was Mahindra Holidays & Resorts India's revenue in Q2 FY27?

Accepted Answer

Revenue from operations was ₹784 crore, up 9.3% year on year and up 7.0% from the previous quarter.

Question 3

How were Mahindra Holidays & Resorts India's Q2 FY27 results?

Accepted Answer

Both grew from a year earlier: net profit was up 4.6% at ₹20 crore and revenue was up 9.3% at ₹784 crore. The operating margin was 6.7%, down 0.5 percentage points from 7.3% a year earlier.

Question 4

What was Mahindra Holidays & Resorts India's operating margin in Q2 FY27?

Accepted Answer

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹52.8 crore, a margin of 6.7%, against 0.5% in Q1 FY27 and 7.3% in Q2 FY26. EBITDA was ₹159 crore, 20.3% of revenue.

Question 5

What was Mahindra Holidays & Resorts India's net profit in the first half of FY27?

Accepted Answer

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹11.3 crore, down 58.1% from ₹26.9 crore in the same months a year earlier. Revenue from operations was ₹1,517 crore, up 6.9%.

Question 6

What is Mahindra Holidays & Resorts India's net profit margin?

Accepted Answer

Mahindra Holidays & Resorts India's net profit margin was 2.5% in Q2 FY27 (net profit as a share of revenue from operations), against 2.7% in Q2 FY26 (down 0.1 percentage points). For FY26 as a whole it was 2.3%.

Question 7

What was Mahindra Holidays & Resorts India's EPS in Q2 FY27?

Accepted Answer

Basic earnings per share were ₹0.99, against ₹0.89 in Q2 FY26.

Question 8

What was Mahindra Holidays & Resorts India's net profit in FY26?

Accepted Answer

Consolidated net profit was ₹69.5 crore in FY26 (April 2025–March 2026), down 45.5% from ₹128 crore in FY25. It was ₹116 crore in FY24 and ₹115 crore in FY23: down 39.6% over three years, an average fall of 15.5% a year.

Question 9

When did Mahindra Holidays & Resorts India announce its Q2 FY27 results?

Accepted Answer

On Wednesday, 21 October 2026 at 1:17 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 31 October 2025.

Question 10

How has Mahindra Holidays & Resorts India's profit changed over the last four quarters?

Accepted Answer

Net profit by quarter: a profit of ₹2.2 crore in Q3 FY26, a profit of ₹41.6 crore in Q4 FY26, a loss of ₹8.7 crore in Q1 FY27 and a profit of ₹20 crore in Q2 FY27. That is a combined profit of ₹55.1 crore over the four quarters, down 59.3% from ₹135 crore in the four quarters before. Revenue from operations: ₹753 crore, ₹820 crore, ₹733 crore and ₹784 crore.

Question 11

What was Mahindra Holidays & Resorts India's revenue in FY26?

Accepted Answer

Revenue from operations was ₹2,992 crore in FY26 (April 2025–March 2026), up 7.6% from ₹2,781 crore in FY25. It was ₹2,705 crore in FY24 and ₹2,517 crore in FY23: up 18.9% over three years, 5.9% a year on average.

Question 12

When will Mahindra Holidays & Resorts India announce its Q3 FY27 results?

Accepted Answer

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Question 13

Where do these Mahindra Holidays & Resorts India figures come from?

Accepted Answer

From Mahindra Holidays & Resorts India's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 21 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	784	717	+9.3%
EBITDA	159	153	+4.4%
EBITDA margin	20.3%	21.3%	−1.0 pts
Profit before tax	35.0	36.1	−3.2%
Net profit	19.7	16.9	+16.4%
EPS	₹0.99	₹0.89	+11.2%

Expenses
	784	733	820	753	717	701	779	678	671	653	800	635	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	35.6	40.7	23.7	29.8	32.1	38.8	28.3	32.0	35.4	33.2	30.2	31.5
	820	774	844	782	749	740	807	710	706	686	830	666
	219	223	213	217	188	195	201	196	184	191	192	187
	53.4	47.1	47.0	47.2	48.1	38.7	38.4	37.0	37.5	35.3	22.4	44.9
	107	109	109	104	101	95.6	91.9	93.0	92.5	88.7	86.0	85.5
	406	397	410	391	377	384	374	337	363	356	420	342
	785	776	779	760	713	713	705	663	677	671	721	660
	159	113	197	144	153	122	204	146	123	105	188	105
	52.8	3.4	88.6	39.8	52.1	26.8	113	52.7	30.9	16.7	102	19.6
Profit
	35.0	−2.9	65.3	22.3	36.1	26.8	102	47.7	28.8	14.6	109	6.2
	0.0	0.0	0.0	−11.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	35.0	−2.9	65.3	11.2	36.1	26.8	102	47.7	28.8	14.6	109	6.2
	11.8	13.9	10.5	18.0	6.2	17.8	0.0	1.4	0.9	0.5	0.3	−52.2
	2.6	−8.5	13.4	−7.9	12.4	1.3	29.4	11.1	15.8	7.5	25.6	48.0
	14.4	5.4	23.8	10.1	18.6	19.1	29.5	12.5	16.6	8.0	25.9	−4.2
	−0.8	−0.3	−0.0	0.3	−0.6	−0.5	−0.0	0.3	−0.7	−0.6	−0.4	0.1
	19.7	−8.6	41.5	1.4	16.9	7.2	72.9	35.4	11.5	6.1	83.2	10.5
	20.5	−8.3	41.5	1.1	17.6	7.7	73.0	35.2	12.2	6.7	83.6	10.4
	−0.3	−0.4	2.1	−1.1	1.2	1.6	87.6	−2.1	42.3	−0.4	9.6	2.5
	19.4	−8.9	43.6	0.3	18.2	8.8	161	33.4	53.8	5.7	92.8	13.0
	20.0	−8.7	41.6	2.2	19.1	7.9	73.1	—	13.8	5.5	82.4	11.6
	−0.2	0.1	−0.1	−0.8	−0.9	−0.7	−0.1	—	−2.3	0.2	0.8	−1.1
Per share
	₹0.99	−₹0.43	₹2.06	₹0.11	₹0.89	₹0.39	₹3.63	₹1.73	₹0.68	₹0.29	₹4.09	₹0.58
	₹0.99	−₹0.43	₹2.06	₹0.11	₹0.89	₹0.39	₹3.62	₹1.73	₹0.68	₹0.29	₹4.09	₹0.58
Other comprehensive income — detail
	−0.3	−0.4	2.1	−1.1	1.2	1.6	87.6	—	—	—	—	—
	1.4	−0.4	1.7	−0.3	−0.3	−1.4	99.3	0.3	1.1	−1.6	12.2	−0.1
	0.4	−0.2	0.4	−0.1	−0.1	−0.4	14.7	—	—	—	—	—
	—	—	—	—	—	—	—	0.1	−40.2	−1.1	1.8	−1.1
	−1.5	−0.1	0.6	−0.8	1.4	2.8	3.1	−2.3	1.0	0.1	−0.8	1.5
	−0.1	0.0	−0.2	0.0	0.0	0.1	0.1	—	—	—	—	—
	19.6	−9.0	43.7	1.2	—	9.5	160	—	56.0	5.0	91.9	14.1
	−0.2	0.1	−0.1	−0.8	—	−0.7	0.5	—	−2.3	0.2	0.8	−1.1
Per share — as-filed variants
	₹0.99	−₹0.43	₹2.06	₹0.11	₹0.89	₹0.39	₹3.63	₹1.73	₹0.68	₹0.29	₹4.09	₹0.58
	₹0.99	−₹0.43	₹2.06	₹0.11	₹0.89	₹0.39	₹3.62	₹1.73	₹0.68	₹0.29	₹4.09	₹0.58
Adjusted (ex-exceptional items) — derived
	35.0	−2.9	65.3	22.3	36.1	26.8	102	47.7	28.8	14.6	109	6.2
	0.0	0.0	0.0	−11.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	19.7	−8.6	41.5	5.8	16.9	7.2	72.9	35.4	11.5	6.1	83.2	10.5
	₹0.99	−₹0.43	₹2.06	₹0.46	₹0.89	₹0.39	₹3.63	₹1.73	₹0.68	₹0.29	₹4.09	₹0.58

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	634.8	800.2	652.9	670.7	678.4	778.8	701.4	717.3	752.7	820.3	732.8	784.1
Other Income	31.5	30.2	33.2	35.4	32.0	28.3	38.8	32.1	29.8	23.7	40.7	35.6
Total Income	666.3	830.3	686.1	706.2	710.4	807.2	740.2	749.5	782.5	844.0	773.5	819.7
Expenses
+ Employee Benefit Expense	187.2	192.2	191.2	184.3	195.6	200.6	194.7	187.9	217.3	213.0	223.1	218.7
+ Finance Costs	44.9	22.4	35.3	37.5	37.0	38.4	38.7	48.1	47.2	47.0	47.1	53.4
+ Depreciation & Amortisation	85.5	86.0	88.7	92.5	93.0	91.9	95.6	100.6	104.4	108.6	109.4	106.5
+ Other Expenses	342.5	420.2	356.3	363.1	337.2	373.9	384.2	376.7	391.2	410.1	396.9	406.0
Total Expenses	660.2	720.9	671.5	677.4	662.7	704.7	713.3	713.3	760.2	778.6	776.5	784.7
EBITDA	105.1	187.8	105.4	123.4	145.7	204.4	122.4	152.7	144.2	197.2	112.8	159.4
EBIT	19.6	101.8	16.7	30.9	52.7	112.5	26.8	52.1	39.8	88.6	3.4	52.8
Profit
PBT before Exceptional Items	6.2	109.5	14.6	28.8	47.7	102.5	26.8	36.1	22.3	65.3	-2.9	35.0
+ Exceptional Items	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-11.1	0.0	0.0	0.0
Pretax Income	6.2	109.5	14.6	28.8	47.7	102.5	26.8	36.1	11.2	65.3	-2.9	35.0
+ Current Tax	-52.2	0.3	0.5	0.9	1.4	0.0	17.8	6.2	18.0	10.5	13.9	11.8
+ Deferred Tax	48.0	25.6	7.5	15.8	11.1	29.4	1.3	12.4	-7.9	13.4	-8.5	2.6
Tax Expense	-4.2	25.9	8.0	16.6	12.5	29.5	19.1	18.6	10.1	23.8	5.4	14.4
+ Share of Associates & JVs	0.1	-0.4	-0.6	-0.7	0.3	-0.0	-0.5	-0.6	0.3	-0.0	-0.3	-0.8
Net Income	10.5	83.2	6.1	11.5	35.4	72.9	7.2	16.9	1.4	41.5	-8.6	19.7
+ Net Income — Continuing Ops	10.4	83.6	6.7	12.2	35.2	73.0	7.7	17.6	1.1	41.5	-8.3	20.5
+ Other Comprehensive Income	2.5	9.6	-0.4	42.3	-2.1	87.6	1.6	1.2	-1.1	2.1	-0.4	-0.3
Total Comprehensive Income	13.0	92.8	5.7	53.8	33.4	160.5	8.8	18.2	0.3	43.6	-8.9	19.4
Net Income to Common	11.6	82.4	5.5	13.8	—	73.1	7.9	19.1	2.2	41.6	-8.7	20.0
Minority Interest	-1.1	0.8	0.2	-2.3	—	-0.1	-0.7	-0.9	-0.8	-0.1	0.1	-0.2
Per Share
Basic EPS	0.58	4.09	0.29	0.68	1.73	3.63	0.39	0.89	0.11	2.06	-0.43	0.99
Diluted EPS	0.58	4.09	0.29	0.68	1.73	3.62	0.39	0.89	0.11	2.06	-0.43	0.99
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	87.6	1.6	1.2	-1.1	2.1	-0.4	-0.3
+ Items NOT to be Reclassified to P&L	-0.1	12.2	-1.6	1.1	0.3	99.3	-1.4	-0.3	-0.3	1.7	-0.4	1.4
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	14.7	-0.4	-0.1	-0.1	0.4	-0.2	0.4
+ Tax on Items NOT to be Reclassified — alt tag	-1.1	1.8	-1.1	-40.2	0.1	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	1.5	-0.8	0.1	1.0	-2.3	3.1	2.8	1.4	-0.8	0.6	-0.1	-1.5
+ Tax on Items to be Reclassified	—	—	—	—	—	0.1	0.1	0.0	0.0	-0.2	0.0	-0.1
Comprehensive Income — Owners of Parent	14.1	91.9	5.0	56.0	—	160.0	9.5	—	1.2	43.7	-9.0	19.6
Comprehensive Income — Non-controlling Interests	-1.1	0.8	0.2	-2.3	—	0.5	-0.7	—	-0.8	-0.1	0.1	-0.2
Per Share — as-filed variants
Basic EPS — Continuing Operations	0.58	4.09	0.29	0.68	1.73	3.63	0.39	0.89	0.11	2.06	-0.43	0.99
Diluted EPS — Continuing Operations	0.58	4.09	0.29	0.68	1.73	3.62	0.39	0.89	0.11	2.06	-0.43	0.99
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	6.2	109.5	14.6	28.8	47.7	102.5	26.8	36.1	22.3	65.3	-2.9	35.0
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-11.1	0.0	0.0	0.0
Net Income Adj (tax-effected)	10.5	83.2	6.1	11.5	35.4	72.9	7.2	16.9	5.8	41.5	-8.6	19.7
EPS Adj	0.58	4.09	0.29	0.68	1.73	3.63	0.39	0.89	0.46	2.06	-0.43	0.99
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Paid Up Equity Capital	201.5	201.5	201.6	201.6	201.6	201.6	201.6	201.6	201.7	201.7	201.7	201.7

Mahindra Holidays & Resorts India quarterly results

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Mahindra Holidays & Resorts India Limited

Mahindra Holidays & Resorts India Q2 FY27 results (July–September 2026)

Q2 FY27 at a glance · consolidated

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