India's Mahindra Holidays slides as fourth-quarter profit sinks on weak travel demand

Mahindra Holidays and Resorts India

28/04/2026 05:40

** Shares of Mahindra Holidays and Resorts India MAHH.NS down 2% to 248.85 rupees

** Stock down for fourth straight session

** The hotel operator's fourth-quarter profit slips 43% y/y to 415.6 million rupees ($4.40 million) due to sluggish travel demand amid geopolitical tensions

** Q4 rev up 5% y/y

** YTD, MAHH down ~19.3%

($1 = 94.4600 Indian rupees)

(Reporting by Brijesh Patel in Bengaluru)

((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))