Mahindra Holi.&Resor

June 30 (Reuters) - Mahindra Holidays and Resorts India Ltd MAHH.NS:

• MAHINDRA HOLIDAYS - VIMAL AGARWAL STEPS DOWN AS CHIEF FINANCIAL OFFICER

• MAHINDRA HOLIDAYS - APPOINTS RAJIV VIMAL AS CHIEF FINANCIAL OFFICER EFFECTIVE 1 JULY 2026

Source text: ID:nNSE3xwHYW

Further company coverage: MAHH.NS

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May 5 (Reuters) - Mahindra Holidays and Resorts India Ltd MAHH.NS:

• MAHINDRA HOLIDAYS - VIMAL AGARWAL RESIGNS AS CFO

• MAHINDRA HOLIDAYS - APPOINTS RAJIV VIMAL AS CFO EFFECTIVE 1 JULY 2026

Source text: ID:nBSE9pGwpr

Further company coverage: MAHH.NS

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** Shares of Mahindra Holidays and Resorts India MAHH.NS down 2% to 248.85 rupees

** Stock down for fourth straight session

** The hotel operator's fourth-quarter profit slips 43% y/y to 415.6 million rupees ($4.40 million) due to sluggish travel demand amid geopolitical tensions

** Q4 rev up 5% y/y

** YTD, MAHH down ~19.3%

($1 = 94.4600 Indian rupees)

(Reporting by Brijesh Patel in Bengaluru)

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April 27 (Reuters) - Mahindra Holidays and Resorts India MAHH.NS reported a 43% drop in fourth-quarter profit on Monday, pressured by sluggish travel demand amid geopolitical tensions.

• The company, which operates the premier Club Mahindra brand, derives a significant share of its revenue from vacation properties in Finland, Sweden and Spain, which have been hit by flight disruptions and elevated fuel prices following the Iran war.

• Many flights between India and Europe transit through Dubai or other major hubs in the Middle East, which faced airspace closures in the quarter.

• "Our international operations continued to be impacted by geopolitical headwinds, a slowdown in the Finnish economy and adverse weather conditions during the year," Managing Director and CEO Manoj Bhat said.

• The company's consolidated net profit fell to 415.6 million rupees ($4.41 million) for the quarter ended March 31, compared with 730.8 million rupees a year ago.

• Total income from its overseas unit, Holiday Club Resorts, fell to 38.7 million euros ($45.45 million) from 39.7 million euros a year ago.

• However, resort revenue rose 11% to 120 million rupees from a year ago, helping offset some of the impact, as more customers shifted toward domestic travel.

• The number of members added, a key revenue driver, decreased sequentially by 445, with total memberships standing at nearly 304,000 in the quarter. Membership upgrades grew by 930 million rupees, though, a 33% rise from a year ago.

• Overall quarterly revenue climbed 5.3% to 8.2 billion rupees, while total expenses rose 10.5%.

• Shares of Mahindra Holidays fell 4.6% after the results.

($1 = 94.1537 Indian rupees)

($1 = 0.8514 euros)

(Reporting by Abhirami G in Bengaluru; Editing by Sumana Nandy and Shreya Biswas)

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March 20 (Reuters) - Mahindra Holidays and Resorts India Ltd MAHH.NS:

• LAUNCHES TWO NEW RESORTS, ADDS 159 KEYS TO PORTFOLIO

Source text: ID:nBSE3h6pJt

Further company coverage: MAHH.NS

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March 4 (Reuters) - Mahindra Holidays and Resorts India Ltd MAHH.NS:

• MAHINDRA HOLIDAYS - SIGNS STRATEGIC BEACHSIDE RESORT IN DAPOLI NEAR MURUD BEACH

Source text: ID:nNSEHfVT4

Further company coverage: MAHH.NS

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Feb 24 (Reuters) - Praveg Ltd PAVE.BO:

• TERMINATION OF ARRANGEMENT WITH MAHINDRA HOLIDAYS FOR RESORT LIGHTHOUSE IN DAMAN

Source text: ID:nBSE1lTfKJ

Further company coverage: PAVE.BO

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Updates with analyst commentary in paragraphs 6 and 7, parent results in paragraph 9

By Praveen Paramasivam and Komal Salecha

Feb 12 (Reuters) - Hindustan Unilever HLL.NS reported a 15% decline in quarterly profit on Thursday, pressured by thinner margins as the consumer goods major cut some product prices to counter rising competition, sending shares lower.

The local subsidiary of UK's Unilever ULVR.L, home to Dove and Surf Excel brands, said its profit from continuing operations fell to 25.90 billion rupees ($286.05 million) for the quarter ended December 31.

Shares fell as much as 4.6% after the results.

Total expenses climbed 5%, with EBITDA margins shrinking by 70 basis points from a year earlier to 23.3%, after Hindustan Unilever cut prices in its tea business and home care portfolios, partly to stave off competition.

Hindustan Unilever has grappled with stiff competition in fabric care from startups as well as Ariel detergent maker Procter & Gamble PG.N and India's Godrej Consumer Products GOCP.NS.

Three analysts said Hindustan Unilever's margins missed their estimates. Akshay D'Souza, an independent consumer goods consultant, said the company's focus on distribution-led growth, a slower pace of launches and acquisition spending have squeezed margins.

However, its sales growth improved, rising 4% from a year earlier to 156.14 billion rupees. A 4% increase in sales volume growth is "a bright spot," said Ajay Thakur, research analyst at Anand Rathi Institutional Equities.

Consumer goods makers, including Britannia Industries BRIT.NS and Hindustan Unilever, expect demand to pick up after several subdued quarters, supported by tax cuts and easing inflation that have bolstered urban spending.

Hindustan Unilever expects the fiscal year starting April to be better than the current year. But its parent firm expects 2026 sales growth to be at the lower end of its forecast after a slowdown in the U.S. and Europe.

Hindustan Unilever on Thursday also said it would buy the remaining 49% stake in plant-based food brand Oziva for 8.24 billion rupees.

($1 = 90.5450 Indian rupees)

(Reporting by Komal Salecha in Bengaluru and Praveen Paramasivam in Chennai; Editing by Sonia Cheema)

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** Gillette India GILE.NS stock jumps around 3.5% to 8,594 rupees

** Co posted around 37% y/y jump in Q3 profit as demand for its grooming products remained robust

** Shares rose around 5% after the results on Thursday

** Trading volume at 86,137 shares, about 2.7x 30-day-avg volume

** GILE dropped 12.5% in 2025, stock down about 0.7% in Jan

($1 = 91.9225 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))

Jan 29 (Reuters) - Mahindra Holidays and Resorts India Ltd MAHH.NS:

• Q3 CONSOL NET PROFIT 22.3 MILLION RUPEES

• Q3 CONSOL REVENUE FROM OPERATIONS 7.53 BILLION RUPEES

Further company coverage: MAHH.NS

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Dec 29 (Reuters) - Praveg Ltd PAVE.BO:

• ANNOUNCES STRATEGIC INVENTORY AGREEMENT WITH MAHINDRA HOLIDAYS

Source text: ID:nBSE9fYqZY

Further company coverage: PAVE.BOMAHH.NS

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** Jefferies says potential GST cut should provide a boost to auto demand, especially for small passenger vehicles and two wheelers

** Brokerage raises FY26-28 two wheeler and passenger vehicles industry volumes by 2-6%, driving 2-8% earnings upgrades for TVS TVSM.NS, Hero MotoCorp HROM.NS, Maruti Suzuki MRTI.NS and Hyundai Motor India HYUN.NS

** Indian auto stocks .NIFTYAUTO down 0.3%, pulling back from initial gains of 1% in a broadly weak market .BO

** HROM up ~2%, top gainer among auto stocks

** Brokerage says TVSM and Mahindra And Mahindra MAHM.NS to deliver the highest earnings growth CAGR of 27% and 19%, respectively, over FY25-28

** Auto stocks jumped 4% on Aug 18 after reports of potential GST cut for small cars

** YTD, autos index up ~11% vs Nifty 50's .NSEI 4.5% climb

(Reporting by Kashish Tandon and Rudra Pratap Singh in Bengaluru)

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July 3 (Reuters) - Mahindra Holidays and Resorts India Ltd MAHH.NS:

• MAHINDRA HOLIDAYS AND RESORTS INDIA LTD - UNIT BUYS 100% STAKE IN KESKINÄINEN KIINTEISTÖ OY SALLA STAR

• MAHINDRA HOLIDAYS AND RESORTS INDIA LTD - ACQUISITION COMPLETED FOR 23.5 MILLION RUPEES

Source text: ID:nBSE3mnVK3

Further company coverage: MAHH.NS

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April 25 (Reuters) - Mahindra Holidays and Resorts India MAHH.NS reported a more than 11% fall in fourth-quarter profit on Friday due to sluggish demand for international travel amid geopolitical tensions and cost pressures.

Mahindra Holidays' consolidated net profit fell to 730.8 million rupees ($8.6 million) in the March quarter, from 823.6 million rupees a year earlier.

Geopolitical tensions and higher costs of travelling abroad held back consumers from taking trips in Europe.

That weighed on the company, which gets about half of its total revenue from its international business, which includes properties across Finland, Sweden and Spain.

Total income at its international business unit, Holiday Club Resorts (HCR), fell to 39.7 million euros ($45 million) from 41.9 million euros a year ago.

However, surging spending on local leisure travel amid the government's stated goal of making India one of the top five global tourist destinations by 2030, partly offset the decline in international business.

While domestic hotel occupancy dipped to 84.6% from 87.3% a year ago, revenue from the segment rose 5.7% to 4.03 billion rupees in the quarter, as people splurged more.

Overall revenue from operations fell 2.6% to 7.79 billion rupees owing to a 9% fall in the company's international business.

Shares of Mahindra Holidays, which offers resorts and sightseeing packages through its "Club Mahindra" membership and generates revenue through membership fees, closed 5.4% lower ahead of the results.

($1 = 85.3890 Indian rupees)

($1 = 0.8807 euros)

(Reporting by Ananta Agarwal in Bengaluru; Editing by Pooja Desai)

(([email protected];))

Jan 31 (Reuters) - Mahindra Holidays and Resorts India MAHH.NS reported a near three-fold surge in its third-quarter profit on Friday, as strong demand for leisure travel boosted the hospitality firm's membership.

The company's shares jumped as much as 7.5% after the results.

Consolidated net profit rose to 348.4 million rupees ($4 million) in the December quarter, from 116.5 million rupees a year earlier, said the company, which provides resorts and sightseeing packages under its 'Club Mahindra' membership programme and earns revenue from membership fees.

Hotel demand has risen significantly, fueled by more people prioritising leisure travel, with popular tourist destinations in north India and Goa seeing notable increases in visitor numbers.

Government efforts to promote tourism and hospitality have also helped the sector.

Mahindra Holidays said it added 3,000 new members during the quarter, taking the total memberships to over 300,000 members.

Its average unit realization, the average revenue generated per membership, grew 37% year-on-year.

Total revenue increased 7% to 6.78 billion rupees, with revenue from its India operations rising 6%.

Total expenses of the company remained flat year-on-year, further aiding its profit growth.

Mahindra Holidays also manages properties in Finland, Sweden, and Spain through its subsidiary, Holiday Club Resorts (HCR). Revenue from the subsidiary rose 6% year-on-year.

Earnings before interest, tax, depreciation, and amortization (EBITDA) rose to 1.78 billion rupees from 1.37 billion rupees a year earlier.

($1 = 86.6500 Indian rupees)

(Reporting by Ashna Teresa Britto; Editing by Eileen Soreng)

(([email protected];))

Dec 20 (Reuters) - Praveg Ltd PAVE.BO:

• ANNOUNCES STRATEGIC INVENTORY ARRANGEMENT WITH MAHINDRA HOLIDAYS & RESORTS INDIA

• ANNOUNCES THREE-YEAR PARTNERSHIP WITH MAHINDRA HOLIDAYS

• MHRIL TO SECURE 70 ROOMS UNDER INVENTORY AGREEMENT

Source text: ID:nBSE3xGM5b

Further company coverage: PAVE.BO

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Oct 25 (Reuters) - Mahindra Holidays and Resorts India MAHH.NS reported a 35% fall in its second-quarter profit on Friday, bogged down by weak sentiment towards international travel.

Shares of the company, which offers resorts and sightseeing packages through its 'Club Mahindra' membership and generates revenue through membership fees, fell about 3% after the results.

Mahindra Holidays' consolidated net profit fell to 137.7 million rupees ($1.64 million) in the September quarter, from 213.4 million rupees a year earlier.

Geopolitical tensions and higher costs of travelling abroad have held back consumers from making international travels, analysts said.

That weighed on Mahindra Holidays, which gets about 47% of its total revenue from its international business that includes properties across Finland, Sweden and Spain.

"The macroeconomic conditions continue to impact overall performance," the company's managing director and CEO, Manoj Bhat, said about European operations.

Total income at the international business, Holiday Club Resorts (HCR), fell to 34.2 million euros ($37 million) from 36.6 million euros a year ago, and also weighed on margins.

However, the company's overall revenue was boosted by surging demand for leisure travel domestically, coupled with the government's focus on tourism and hospitality to make India one of the top five global tourist destinations by 2030.

Total revenue grew 2% to 6.71 billion rupees in the quarter.

($1 = 84.0725 Indian rupees)
($1 = 0.9240 euros)

(Reporting by Ashna Teresa Britto in Bengaluru; Editing by Abinaya Vijayaraghavan)

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Oct 23 (Reuters) - Mahindra Holidays and Resorts India Ltd MAHH.NS:

• OPENS CLUB MAHINDRA PAVAGADH RESORT IN GUJARAT

Source text for Eikon: ID:nBSE63zHCl

Further company coverage: MAHH.NS

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July 25 (Reuters) - Mahindra Holidays and Resorts India Ltd MAHH.NS:

• MAHINDRA HOLIDAYS - NAMES MANOJ BHAT AS MD, CEO

Further company coverage: MAHH.NS

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July 23 (Reuters) - Mahindra Holidays and Resorts India Ltd MAHH.NS:

• GETS TAX DEMAND ORDER FOR 66.1 MILLION RUPEES

Source text for Eikon: ID:nNSE7bFxNS

Further company coverage: MAHH.NS

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** Indian auto stocks .NIFTYAUTO flat

** But two-wheeler stocks gain, while four-wheelers stall

** Drop in retail sales of cars steepens in June, data shows

** Gains in two-wheeler sales, meanwhile, acclerates

** TVS Motor's TVSM.NS 2% jump lead two-wheelers' gains

** Eicher Motors EICH.NS and Bajaj Auto BAJA.NS up nearly 1%; Hero MotoCorp HROM.NS flat

** Mahindra and Mahindra's MAHH.NS 1.3% drop steepest among car makers

** Tata Motors TAMO.NS and Maruti Suzuki MRTI.NS flat

** Tyremakers MRF MRF.NS and JK Tyre JKIN.NS flat; Ceat CEAT.NS up 0.5%

** Still, Mahindra's 66% gain is highest on index among automakers

(Reporting by Savio Dsouza)

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** Shares of Mahindra Holidays & Resorts India MAHH.NS up as much as 4.1% to 451 rupees; last up 1.8%

** Leisure hospitality provider reported a 46% Y/Y jump in its March-qtr consolidated net profit, revenue from operations up nearly 13%

** Stock on track for ninth consecutive session of gains, if trends hold

** More than 550,000 shares change hands by 11:24 a.m. IST, 2.9x the 30-day avg

** Including session's gains, stock is up 16.2% YTD

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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BENGALURU, April 26 (Reuters) - Mahindra Holidays & Resorts India MAHH.NS reported a 46% rise in its fourth-quarter profit on Friday, aided by higher occupancy and strong membership growth.

A surge in tourism has enabled hospitality companies, including Mahindra Holidays, to rebound strongly after COVID-19.

Mahindra Holidays is known for its premier resorts brand 'Club Mahindra' and has 110 resorts in India and overseas. Its unit in Europe has 33 vacation properties across Finland, Sweden and Spain.

The company reported a consolidated net profit of 823.6 million rupees ($9.88 million) for the quarter ending March 31, against 564.2 million rupees a year ago.

Its revenue rose nearly 13% to 8 billion rupees, while total expenses rose 9.5%.

During the fourth quarter, resort occupancies reached 87.3%, up from 85% the previous year, while the value of membership sales increased 18% year-on-year.

The company expanded its portfolio with resorts in domestic locations like Sikkim and Assam, and international ones such as Turkey, Kenya, Thailand and Georgia.

The company reported an 18% rise in its quarterly upgrades, reflecting customers' decisions to upgrade their memberships, to 660 million rupees.

Shares of Mahindra Holidays rose 1.5% on Friday ahead of the results.

($1 = 83.3471 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru; Editing by Mrigank Dhaniwala)

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April 18 (Reuters) - Mahindra Holidays and Resorts India Ltd MAHH.NS:

• MAHINDRA HOLIDAYS AND RESORTS INDIA LTD - GETS TAX DEMAND FOR 164.8 MILLION RUPEES

• MAHINDRA HOLIDAYS AND RESORTS INDIA LTD - GETS TAX DEMAND FOR 164.8 MILLION RUPEES, PENALTY OF 7.9 MILLION RUPEES

Source text for Eikon: ID:nBSE18Pdw8

Further company coverage: MAHH.NS

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Feb 2 (Reuters) - Mahindra Holidays and Resorts India Ltd MAHH.NS:

• DEC-QUARTER CONSOL NET PROFIT 116.5 MILLION RUPEES VERSUS LOSS 119 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 6.35 BILLION RUPEES VERSUS 6.02 BILLION RUPEES

Further company coverage: MAHH.NS

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BENGALURU, Oct 23 (Reuters) - Mahindra Holidays and Resorts India MAHH.NS posted a 47.8% drop in second-quarter profit on Monday, dragged down by its European business and higher expenses.

The hospitality chain, which runs the 'Club Mahindra' brand of resorts, said its consolidated net profit fell to 213.4 million rupees ($2.57 million) for the quarter ended Sept. 30, from 408.6 million rupees a year earlier.

Its European segment - called Holiday Club Resorts Oy (HCR), comprising nearly half of the topline - reported a loss before tax of 23.1 million rupees, compared with a profit of 10.2 million rupees a year earlier.

This compares to a loss before tax of 365.2 million rupees in its European operations in the first quarter.

The European business took a hit during the September-quarter as people cut back on leisure travel amid rising costs of living and higher inflation.

Total expenditure jumped 10.7%, which outpaced a 9.5% rise in revenue to 6.55 billion rupees. The company also flagged a one-off expense of 68 million rupees.

Additionally, heavy rains and landslides in the states of Himachal Pradesh and Uttarakhand affected resort occupancy, which fell to 77% from 79% a year ago, the company said.

Shares of the hospitality firm fell as much as 10.8% after the results. The stock advanced 32% in the September-quarter.

($1 = 83.1380 Indian rupees)

(Reporting by Anisha Ajith in Bengaluru; Editing by Sonia Cheema)

(([email protected];))

** Shares of Mahindra Holidays and Resorts MAHH.NS rise as much as 3% to 401.9 rupees, biggest pct gain since Sept. 4

** Co reported on Thurs it signed an MoU with Uttarakhand govt to establish and develop Club Mahindra Resorts in the state

** Says investment estimated to be around 10 bln rupees ($120.53 million) over the next few years

** Stock up ~47% YTD

($1 = 82.9675 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

BENGALURU, July 25 (Reuters) - Mahindra Holidays and Resorts India MAHH.NS reported a 99% slump in first-quarter profit on Tuesday, hit by higher expenses and widening losses in Europe.

Consolidated net profit for the company, known for its flagship resorts brand "Club Mahindra," was 1.8 million rupees ($21,992.90) for the quarter through June 30, compared with 297.3 million rupees a year earlier.

Revenue from operations rose 1.6% to 6.14 billion rupees.

Profitability was hit by the low demand in Finland and Sweden, the company said in a statement.

Resort occupancies barely grew one percentage point from a year ago to 90%. Total expenses rose 7.7%, led by higher rent, finance and depreciation costs due to room inventory addition.

Revenue from the Europe, where brands such as Holiday Club Resorts OY or HCRO operate, declined nearly 10%. The segment's loss before tax nearly tripled to 365.2 million rupees.

In India, the profit grew 7.3%, while revenue rose nearly 17%.

The Mahindra Group company, however, was optimistic about this quarter, citing the summer holiday season and a pick up in domestic travel from the last week of June. It also expects demand to continue rising until mid-August.

Shares of the company settled 3.1% lower after falling as much as 5% soon after the earnings announcement.

($1 = 81.8446 Indian rupees)

(Reporting by Rama Venkat in Bengaluru; Editing by Dhanya Ann Thoppil)

(([email protected]; https://twitter.com/ramavenkat0607; +91 8095218099;))

** Jefferies expects Royal Enfield-owner Eicher Motors EICH.NS and Mahindra and Mahindra MAHH.NS to post strong 16%-17% Y/Y growth

** The Indian automakers set to report their April wholesales data next week

** Brokerage also expects 10% YoY growth for Ashok Leyland ASOK.NS

** Estimates a relatively moderate 3%-6% Y/Y growth in wholesales for Bajaj Auto BAJA.NS, TVS Motor Company TVSM.NS, Hero MotoCorp HROM.NS, Tata Motors TAMO.NS, and Maruti Suzuki India MRTI.NS

** TVSM, TAMO and forged gear-maker Sona BLW Precision Forgings SONB.NS are our top picks in the Indian auto space - Jefferies

** India's Nifty Auto Index .NIFTYAUTO last up 0.5% in the last trading session

(Reporting by Aleef Jahan in Bengaluru)

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April 25 (Reuters) - Mahindra Holidays and Resorts India Ltd MAHH.NS:

• MAHINDRA HOLIDAYS AND RESORTS INDIA MARCH-QUARTER CONSOL NET PROFIT 564.2 MILLION RUPEES VERSUS PROFIT 162.5 MILLION RUPEES

• MAHINDRA HOLIDAYS AND RESORTS INDIA MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 7.12 BILLION RUPEES VERSUS 5.43 BILLION RUPEES

Source text for Eikon: ID:nBSEbCRn6M

Further company coverage: MAHH.NS

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