India's Mahindra Holidays climbs as quarterly profit rises

Mahindra Holidays and Resorts India

03/11/2025 07:38

** Shares of Mahindra Holidays and Resorts India MAHH.NS rise 2% to 334 rupees

** Co's Q2 profit rises 30% y/y, rev up 7% y/y

** Brokerage Dolat Capital says co delivered healthy performance even though member additions were soft

** Says co's strategy to focus on premiumization rather than pushing product is much-needed but will likely lead to constrained growth in FY26

** YTD, MAHH pares losses to ~7%

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))