April, 04 2026 Saturday 09:26 Hrs
Last update 11-9-2025
  • SENSEX :   73,319.55

  • Commodity broking firm in India185.23( 0.25%) 02-Apr-2026
top-arrow-market
Sensex 73319.55 185.23  (0.25) 02-Apr-2026
Previous Day Close
73134.32
Today's High/Low
High Low
  •  
  •  
73568.54 71545.81

Hot Pursuit - Detailed News

Mahindra Holidays launches Club Mahindra Nadiya Parao resort in Jim Corbett
19-Feb-26   14:09 Hrs IST
The new resort launch aligns with the company's accelerated expansion strategy and its ambition to become India's leading leisure hospitality player, driven by robust resort additions, portfolio premiumisation, and disciplined capital allocation.

This marks MHRIL's second resort in Jim Corbett, one of India's most preferred destinations for nature-led travel. The addition supports the company's near-term target of 1,000 room additions by FY26 and its longer-term goal of scaling to 10,000 keys under Club Mahindra and 12,000 keys overall by FY30.

Spanning around 10 acres, the 57-room resort combines premium leisure stays with extensive event infrastructure, including large landscaped lawns, a banquet hall, and riverfront access. The property is designed to cater to diverse segments, including holidaying families, destination weddings, and corporate offsites, unlocking multiple revenue streams from a single asset.

Manoj Bhat, managing director & chief executive officer, Mahindra Holidays & Resorts India, said, 'Our ambition is to lead leisure hospitality in India, with families at the heart of everything we do. The launch of Nadiya Parao is another step forward in our expansion journey, in a destination where demand is strong and growing. As we expand, we're not just adding resorts; we're delivering superior experience, sharpening execution, and building for the future'.

Mahindra Holidays & Resorts India (MHRIL), part of the diversified Mahindra Group, is India's leading leisure hospitality company. Established in 1996, the company pioneered the vacation ownership model in India and has since redefined family holidays through thoughtfully designed resorts, curated experiences, and a commitment to sustainable tourism.

The company's consolidated net profit fell 93.6% to Rs 2.23 crore on 10.9% increase in revenue from operations to Rs 752.70 crore in Q3 FY26 over Q3 FY25.

Powered by Capital Market - Live News

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.