Financial Results
Standalone Performance (₹ Cr)
| Particulars | Q2 FY27 | Q2 FY26 |
| Total Income | 395.3 | 380.7 |
| EBITDA | 270.9 | 240.2 |
| PBT | 58.6 | 71.0 |
| PAT | 43.3 | 51.7 |
Consolidated Performance (₹ Cr)
| Particulars | Q2 FY27 | Q2 FY26 |
| Total Income | 819.7 | 749.5 |
| EBITDA | 194.8 | 184.9 |
| PBT | 34.1 | 35.5 |
| PAT | 19.7 | 16.9 |
Consolidated PAT increased by 17% year-on-year.
Operational and Sales Metrics
- Membership Sales: ₹141 Cr, a 6% increase YoY.
- Average Unit Realization (AUR) including upgrades: ₹13.4L, a 43% increase YoY.
- Membership Upgrades: ₹83 Cr, a 26% increase YoY.
- Resort Revenue: ₹96 Cr, a 15% increase YoY.
- Resort Occupancy: 75.6%, an improvement of 220 basis points YoY.
Balance Sheet Position (as on 30th September 2026)
- Deferred Revenue: ₹5,828 Cr.
- Cash: ₹1,329 Cr.
Resort Portfolio and Development
- Total Inventory: 5,762 keys across 106 resorts.
- Resort Changes in Quarter: 2 resorts were expanded; 6 resorts were exited based on guest feedback and ratings.
- Transformations: 2 resorts completed; 5 transformations are ongoing.
- Development Pipeline: Expects to add approximately 1,000 keys over the next two quarters.
Member Base
- Cumulative Member Base: 3,02,886 members.
Management Commentary
Manoj Bhat, Managing Director and Chief Executive Officer, stated that domestic business sustained positive momentum with membership sales growth for the second consecutive quarter, supported by premiumisation and upgrades. Resort revenue delivered double-digit growth with improved occupancy. The international operations of HCRO delivered a stable performance despite geopolitical uncertainty and weakness in the Finnish economy. The company is progressing towards its goal of 10,000 keys by FY30.