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The board of Mahindra Holidays & Resorts India at its meeting held on 05 May 2026 has approved the following:Resignation of Vimal Agarwal as Chief Financial Officer with effect from 30 June 2026 on account of his transition to a new role within the Mahindra Group. Appointment of Rajiv Vimal as Chief Financial Officer with effect from 01 July 2026.

Mahindra Holidays & Resorts India announced that the 30th Annual General Meeting(AGM) of the company will be held on 22 July 2026.

Net profit of Mahindra Holidays & Resorts India declined 43.13% to Rs 41.56 crore in the quarter ended March 2026 as against Rs 73.08 crore during the previous quarter ended March 2025. Sales rose 5.32% to Rs 820.29 crore in the quarter ended March 2026 as against Rs 778.83 crore during the previous quarter ended March 2025.For the full year,net profit declined 45.52% to Rs 69.51 crore in the year ended March 2026 as against Rs 127.59 crore during the previous year ended March 2025. Sales rose 7.58% to Rs 2991.74 crore in the year ended March 2026 as against Rs 2780.85 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales820.29778.83 5 2991.742780.85 8 OPM %24.0426.24 -20.5820.78 - PBDT173.95194.28 -10 559.00558.54 0 PBT65.32102.41 -36 149.71192.53 -22 NP41.5673.08 -43 69.51127.59 -46 Powered by Capital Market - Live News

Mahindra Holidays & Resorts India will hold a meeting of the Board of Directors of the Company on 27 April 2026.

Mahindra Holidays & Resorts India (MHRIL), India`s leading leisure hospitality company, today announced the launch of two new resorts in Club Mahindra Amba Ghat, Maharashtra and Club Mahindra Bandhavgarh, Madhya Pradesh, adding 159 keys to its growing portfolio thus strengthening its presence across Western and Central India. These launches reflect Club Mahindra`s broader strategy of pioneering new destinations by bringing lesser-known destinations onto the travel map for Indian holidaymakers. Supported by strong and sustained demand for leisure travel, the company has adopted a capital-efficient, asset-light approach to expand its portfolio through a mix of greenfield developments, management contracts, and other flexible operating models. The additions are aligned with MHRIL`s expansion strategy of scaling the portfolio to 12,000 keys by FY30. Commenting on the launch, Manoj Bhat, Managing Director & Chief Executive Officer, Mahindra Holidays & Resorts India Limited, said, Destinations such as Amba Ghat and Bandhavgarh reflect the growing preference for immersive, nature-led experiences among today`s travellers. At Club Mahindra, we have always believed in identifying and thoughtfully developing emerging leisure destinations for India`s evolving base of holidaying families. As we build for the future, our focus remains on expanding high-quality inventory across diverse locations, while consistently delivering memorable family holiday experiences. This approach continues to guide us in our journey towards becoming India`s most trusted leisure hospitality brand�.Powered by Capital Market - Live News