Press Release (Revised)

21st October 2026 MHRIL/SE/26-27/57 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block, Floor 25, PJ Towers, Bandra-Kurla Complex, Dalal Street, Fort, Bandra (E), Mumbai - 400 051 Mumbai - 400 001 Symbol: MHRIL Scrip Code: 533088 Dear Sir/Madam, Sub.: Revised Press Release - Unaudited standalone and consolidated Financial Results of the Company for the second quarter ended 30th September 2026 – Correction in Standalone EBIDTA figures Ref : Press Release submitted vide our letter dated 21st October 2026 With reference to the captioned subject, please find enclosed the revised Press Release issued by the Company on the Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th September 2026 (Q2 FY2027), reflecting the correct standalone EBITDA figures for Q2 FY2027 and Q2 FY2026. The meeting of the Board of Directors of the Company held today i.e. 21st October 2026, commenced at 08:46 a.m. and concluded at 01:02 p.m. (IST). The intimation along with Press Release is also being hosted on the website of the Company at https://www.clubmahindra.com/investors/stock-exchange-filing/investor-news Kindly take the same on record. Thanking you, For Mahindra Holidays & Resorts India Limited Mansi Laheri Company Secretary Membership No.: A21561 Encl.: As above Press Release Mahindra Holidays & Resorts India Ltd. Announces Results for Q2 FY27 Consolidated PAT up 17% YoY Strong Sales and Resort Revenue Momentum Mumbai, 21st Oct 2026: Mahindra Holidays & Resorts India Ltd. ('Company'), India's leading leisure hospitality company, reported its standalone and consolidated financials for the quarter ending 30th September 2026. Highlights • Growth in Sales continues - at Rs 141 Cr (+6% YoY) • Average Unit Realisation (AUR) incl. upgrades at Rs 13.4L (+ 43% YoY) • Membership upgrades of Rs 83 Cr (+26% YoY) • Double digit growth in resort revenue, Rs 96 Cr (+15% YoY), occupancy at 75.6% (+220 bps YoY) • Deferred Revenue stands at Rs. 5,828 Cr and Cash at Rs. 1,329 Cr as on 30th Sept'26 • Inventory portfolio of 5,762 keys across 106 resorts. 2 resorts were expanded, while 6 resorts were exited based on guest feedback and ratings. • Transformation of 2 resorts completed and 5 ongoing. • Cumulative member base at 3,02,886 MHRIL Standalone Particulars (In Rs Cr) Q2 FY27 Q2 FY26 Total Income 395.3 380.7 EBITDA 124.4 140.5 PBT 58.6 71.0 PAT 43.3 51.7 MHRIL Consolidated Particulars (In Rs Cr) Q2 FY27 Q2 FY26 Total Income 819.7 749.5 EBITDA 194.8 184.9 PBT 34.1 35.5 PAT 19.7 16.9 Press Release Commenting on the performance, Manoj Bhat, Managing Director and Chief Executive Officer, Mahindra Holidays & Resorts India Ltd., said, “Our domestic business sustained its positive momentum during the quarter. Membership sales grew for the second consecutive quarter, supported by premiumisation and upgrades, while resort revenue continued to deliver double-digit growth and occupancy improved by 220 bps. Alongside this momentum, we continued to strengthen and expand our domestic resort network. During the quarter, we completed expansions at two resorts and transformed two existing properties, while exiting select resorts based on guest feedback and ratings. Five additional resort transformations are underway, and we expect to add approximately 1,000 keys over the next two quarters. Our development pipeline has also expanded significantly, supporting our progress towards the goal of 10,000 keys by FY30. In our international operations, HCRO delivered a stable performance despite continued geopolitical uncertainty and weakness in the Finnish economy. Overall, consolidated PAT grew by 17% year-on-year, reflecting robust financial performance.” About Mahindra Holidays & Resorts India Limited Mahindra Holidays & Resorts India Limited (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. MHRIL’s vision is to become India’s largest leisure hospitality player, powered by a premium, multi-format holiday platform, including its flagship brand, Club Mahindra, and the upcoming Mahindra Signature Resorts. With a network of 100+ premium resorts across India and international markets, Club Mahindra is addressing evolving travel aspirations across segments and demographics, supported by a strong 3,00,000+ member community. Guided by the Mahindra Group’s RISE philosophy, MHRIL is focused on responsible growth, sustainable operations, and long-term value creation, while delivering quality holiday experiences for families. Visit us on www.clubmahindra.com and follow us on X, LinkedIn, Instagram and Facebook to know more about us. For further enquiries, please contact Media Relations: Investor Relations: Yayati Gaikwad Investor Relations Officer Mahindra Holidays & Resorts India Ltd. Mahindra Holidays & Resorts India Ltd. Email: Yayati.gaikwad776@mahindraholidays.com Email: investors@mahindraholidays.com