Mahindra Holidays Q4 FY26 PAT Down 3% YoY

Mahindra Holidays reported Q4 FY26 standalone PAT of ₹55.4 Cr, down 3% YoY, with total income up 2% to ₹407.0 Cr.
FY26 consolidated revenue grew 7% YoY, with 7 new managed resorts added and gross inventory expansion of ~900 keys.
International operations were impacted by geopolitical headwinds and a slowdown in the Finnish economy, resulting in a 47% YoY decline in consolidated PAT.
Strong growth in resort revenue (up 12% YoY to ₹443 Cr) and membership upgrades (up 17% YoY to ₹292 Cr) drove India performance.