Date: 21st October 2026
Financial Performance Summary
Standalone Results (Rs Cr)
| Particulars | Q2 FY27 | Q2 FY26 |
| Total Income | 395.3 | 380.7 |
| EBITDA | 124.4 | 140.5 |
| PBT | 58.6 | 71.0 |
| PAT | 43.3 | 51.7 |
Consolidated Results (Rs 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 |
Key Operational Metrics
- Sales: Rs 141 Cr (+6% YoY)
- Average Unit Realisation (AUR) including upgrades: Rs 13.4L (+43% YoY)
- Membership upgrades: Rs 83 Cr (+26% YoY)
- Resort revenue: Rs 96 Cr (+15% YoY)
- Occupancy: 75.6% (+220 bps YoY)
Balance Sheet Position (as on 30th September 2026)
- Deferred Revenue: Rs 5,828 Cr
- Cash: Rs 1,329 Cr
Resort Portfolio Update
- Inventory portfolio: 5,762 keys across 106 resorts
- 2 resorts expanded during the quarter
- 6 resorts exited based on guest feedback and ratings
- 2 resort transformations completed
- 5 resort transformations ongoing
- Cumulative member base: 3,02,886
Management Commentary
Manoj Bhat, Managing Director and Chief Executive Officer, stated that the domestic business sustained positive momentum with membership sales growing for the second consecutive quarter, supported by premiumisation and upgrades. Resort revenue delivered double-digit growth with improved occupancy.
The company continued to strengthen and expand its domestic resort network, with expectations to add approximately 1,000 keys over the next two quarters. The development pipeline has expanded significantly, supporting progress toward the goal of 10,000 keys by FY30.
International operations (HCRO) delivered stable performance despite geopolitical uncertainty and weakness in the Finnish economy.