Mahindra Holidays & Resorts India Limited

Mahindra Holidays & Resorts India Limited concluded a challenging fiscal year marked by a significant 97% drop in net profit due to a substantial impairment provision, though strategic initiatives drove a 21% increase in EBITDA to ₹593 crore. Despite the profit decline, the company continues to expand its footprint with seven new resorts and the launch of the Keystone membership program, demonstrating a focus on growth. Furthermore, Mahindra Holidays demonstrated a commitment to sustainability, achieving a strong S&P Global ESG score of 70 and reporting significant progress in renewable energy usage and waste recovery, signaling a potential for long-term value creation amidst short-term financial headwinds.