Mahindra Holidays & Resorts India Limited has informed the Exchange about Copy of Newspaper Publication
MHRIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mahindra Holidays & Resorts India Limited published its audited Q4 and full year FY2026 financial results. Consolidated total income for FY2026 was ₹3,11,605.70 lakhs (vs ₹80,715.63 lakhs in FY2025), showing significant growth largely due to consolidation of India Cements from December 2024 and Birla White WallCare from May 2025. Consolidated net profit after tax for FY2026 was ₹6,699.99 lakhs (down from ₹7,294.91 lakhs). However, standalone Q4 results showed a net loss of ₹17,826.15 lakhs due to a massive ₹23,369.59 lakhs impairment charge on investment in MHR Holdings (Mauritius) Limited, driven by adverse economic conditions in Finland impacting Holiday Club Resorts Oy. New labour codes also created an exceptional charge of ₹1,106.23 lakhs on consolidated basis.
The large impairment charge from Finland operations significantly hit standalone profitability and will likely concern investors about the international subsidiary's viability. However, consolidated results remain profitable with strong revenue growth from recent acquisitions, partially offsetting concerns.