Mahindra Holidays & Resorts India Ltd reported a 11.3% year-on-year (YoY) decline in net profit for the quarter ended March 31, 2025. The company’s consolidated profit after tax stood at ₹73.08 crore compared to ₹82.35 crore in Q4 FY24.
Revenue from operations during the quarter came in at ₹779 crore, marking a 2.7% decline from ₹800 crore in the corresponding quarter last year. However, the company’s operational performance remained strong, with EBITDA rising 8.8% YoY to ₹204.34 crore from ₹187.79 crore.
EBITDA margin for the quarter expanded 277 basis points, improving to 26.2% from 23.5% a year ago, indicating improved cost efficiency and operational control despite the topline pressure.
The company attributed its margin improvement to better cost management and stable demand across key destinations, even as topline growth moderated slightly.
