ER Group strengthens its position with strong first-quarter results
Just months after its official creation, ER Group is already consolidating its position among key economic players in Mauritius, delivering strong performance in its first quarter as a unified entity. For the period ended 30 September 2025, the Group posted revenue of Rs 10.1 billion and profit after tax of Rs 416 million, representing a 69% increase compared to last year’s pro forma period.
These results reflect robust operating cash flows, healthy margins, and the impact of strategic investments made in recent years. This quarter also marks an important structural milestone for the Group, as its results now fully consolidate Beachcomber Group as a subsidiary under IFRS 10, reinforcing the coherence and simplified governance of ER Group’s portfolio.
A strong first quarter for a unified organisation
Following the publication of its pro forma annual results for FY25, ER Group now presents its first consolidated quarterly financials as an integrated group. The figures confirm the strength of the Group’s operating model, with:
• Revenue of Rs 10.1 billion
• Operating profit of Rs 1.85 billion
• EBITDA of Rs 2 billion
• Profit after tax of Rs 416 million, up 69%
The Board has also shared a projection of annual EBITDA surpassing Rs 11 billion for the year ending 30 June 2026 - a reflection of ER Group’s ability to generate strong, recurring cash flows to support growth and sustain solid returns.
With Rs 132 billion in total assets and a net asset value of Rs 61.55 per share, ER Group demonstrates a strong financial foundation. The declaration of an interim dividend of Rs 0.69 per share - totalling Rs 332 million - underscores the Group’s commitment to a progressive and sustainable distribution policy.
Performance across core business segments
The growth recorded this quarter reflects the contribution of ER Group’s diversified business pillars:
• Hospitality & Travel (PAT Rs 199 million): A sharp improvement compared to last year, illustrating the momentum of the Group’s hotel brands, which now represent nearly one-fifth of Mauritius’ total room capacity.
• Real Estate (PAT Rs 66 million): Stable profitability supported by stronger rental income and improved asset yields.
• Finance, Logistics and Commerce & Manufacturing: Solid and consistent contributors to the Group’s cash flow strength.
• Technology & Energy: Continued rollout of solar, digital, and regional technology projects, laying the groundwork for greener and more connected growth.
Driving responsible performance
Guided by its newly unveiled 10-year strategic plan, ER Group is deploying a model focused on responsible, long-term performance structured around four pillars:
• Business leadership in core industries
• Operational synergies across the Group
• Disciplined regional growth
• Stewardship and contribution to sustainable development
These pillars are already reflected in concrete actions. In FY25 (pro forma), the Group invested over Rs 120 million in training for its 12,000+ employees, reinforcing its commitment to talent development. Operational initiatives in energy efficiency, waste reduction, and resource optimisation are driving both margin improvement and environmental impact.
Across Moka, Bel Ombre, Savannah and Port Louis, the Group’s projects continue to support shared development, embedding economic growth within vibrant and inclusive territories.
In the same spirit, the launch of Roulib’, an electric mobility network in Moka, and ER Foundation’s 10-year roadmap for social inclusion and community development illustrate the Group’s determination to deliver impact beyond financial performance.
A solid trajectory for the future
The quality of these first-quarter results, combined with a strong balance sheet and a coherent portfolio, confirms that the creation of ER Group has strengthened its agility, efficiency and impact. It marks a promising start for a Group committed to building a leading Mauritian enterprise - high-performing, responsible, and focused on long-term value creation for its shareholders, teams and communities.
Learn more here.
Read the press release here.
