Unaudited Financial Results for the Nine Months Ended 30th September, 2007
(Rupees in Lakhs)
1 2 3 4 5 6 7 8 9 10
Quarter ended 30th September, 2007
(Unaudited)
Quarter ended 31st July, 2006 (Unaudited) Consolidated for Quarter ended 30th September, 2007 (Unaudited) Consolidated for Quarter ended 31st July, 2006 (Unaudited) Nine months ended 30th Setember, 2007 (Audited) Nine months ended 31st July 2006 (Unaudited) Consolidated for Nine months ended 30th Setember, 2007 (Unaudited) Consolidated for Nine months ended 31st July, 2006 (Unaudited) Fourteen months ended 31st Dec, 2006 (Audited) Consolidated for Fourteen months  ended 31st Dec, 2006 (Audited)
1 Income from Operations 5,273.7 4,331.0 7,331.8 4,621.5 16,286.9 10,887.5 21,110.6 11,648.2 19,619.9 20,909.4
2 Other Income 282.0 85.1 296.1 167.2 590.1 237.6 1,465.4 479.9 2,113.6 2,041.1
3 Total Expenditure
a) Staff Cost 1,774.3 1,280.8 2,454.3 1,386.3 4,829.7 3,161.0 6,915.3 3,447.7 6,186.5 6,668.8
b) Advertising cost 248.9 117.1 343.9 175.9 1,497.6 885.6 1,781.2 1,047.1 1,372.9 1,579.3
c) Other expenditure 1,631.0 1,275.5 2,094.4 1,410.1 5,029.0 3,367.4 6,585.2 3,818.7 6,465.9 7,120.9
4 Interest 774.2 35.9 775.5 36.6 1,981.7 160.3 2,034.0 162.8 572.7 577.8
5 Depreciation 198.3 201.4 267.2 212.1 569.9 551.6 590.6 581.8 1,101.1 1,154.3
6 Profit before taxation and exceptional items 929.0 1,505.4 1,692.6 1567.7 2,969.1 2,999.2 4,669.7 3,070.0 6,034.4 5,849.4
7 Provision for taxation (net) 385.0 425.0 596.0 480.8 1145.0 968.2 1,598.8 1045.7 1,864.1 1,998.9
8 Deferred Tax ( net) (172.7) 72.2 (111.6) 74.2 (224.3) 24.6 (93.7) 26.6 (1.5) (80.5)
9 Fringe Benefit Tax 35.0 10.7 45.5 11.7 83.1 76.0 112.8 79.0 140.5 152.7
10 Net Profit after Tax and before exceptional items
681.7 997.5 1,162.7 1,001.0 1,965.3 1,930.4 3,051.8 1,918.7 4,031.3 3,778.3
11Exceptional item, net of tax 
- - -- - 183.8 -183.8183.5183.5
12 Net Profit 681.7997.51,162.71,001.01,965.31,746.6 3,051.81,734.93,847.83,594.8
13Paid-up Equity Share Capital Face Value of Re. 1 per Share
1,607.8 1,458.3 1,607.8 1,458.3 1,607.8 1,458.3 1607.8 1,458.3 1,458.3 1,458.3
14 Reserves excluding Revaluation Reserve
- - - - - - - - 3,695.8 3,793.9
15 Dividend per Share (Rupees)
- - - - - - - - 0.5 -
16 Basic EPS before Exceptional item
0.34 0.68 0.64 0.69 1.00 1.32 1.67 1.32 2.76 2.59
Basic EPS after Exceptional item
0.34 0.68 0.64 0.69 1.00 1.20 1.67 1.19 2.64 2.47
Diluted EPS before Exceptional item
0.32 0.68 0.61 0.69 0.96 1.32 1.61 1.32 2.42 2.27
Diluted EPS after Exceptional item
0.32 0.68 0.61 0.69 0.96 1.20 1.61 1.19 2.31 2.19
17 Aggregate of Non-promoter Shareholding
- Number of Shares
61,447,720 58,333,330 61,447,720 58,333,330 61,447,720 58,333,330 61,447,720 58,333,330 46,498,720 46,498,720
-Percentage of share holding
38% 40% 38% 40% 38% 40% 38% 40% 32% 32%
  Notes:
1 Previous year's figures have been regrouped where necessary.
2 The relevant Accounting Standards have been complied with.
3 The results for  the quarter and nine months ended 30th September 2007 have been  subjected to a limited review by the statutory  auditors in  compliance  with Clause 41 of the listing agreement with the Stock Exchanges.
4 The above results were reviewed by the Audit Committee at its meeting held on 26th October 2007 and approved at the meeting of the Board of Directors held on that date.
5 The results for the quarter and nine months are not comparable with the previous periods due to
  a) The amalgamation of LKP Forex Ltd with the Company,
  b) Consolidation of results of Travel Corporation (India) Limited, which was acquired on 28th December 2006 and exclusion of results of Hindustan Cargo Limited, which was  sold on 30th December 2006, and
  c) Change in Accounting year end from October to December. Accordingly  the previous period figures given in these results pertain to the third quarter end of last year which is from 1st May 2006 to 31st July 2006.

   6

The Equity Shares of the Company of the face value of Rs. 10/- each were sub divided into Equity Shares of Re. 1/- each with effect from 21st May 2007, the Record Date fixed by the Board of Directors for the purpose.Accordingly, the dividend for the period ended 31st December 2006 and the earnings per share (EPS) of the corresponding quarter and nine months ended 31st July 2006 and 14 months ended 31st December 2006 have been re-cast to make them comparable with earning per share of the current quarter.
7 The Company has preference shares of Rs. 10,387.6 lakhs. Proportionate Dividend amount on these preference shares (including Corporate Dividend Tax) of Rs. 141.6 lakhs and Rs. 363.3 lakhs for the quarter and nine months ended respectively has been considered in determining the EPS for the quarter and nine months ended 30th September 2007.
8 As on 1st July 2007 no investor complaints were pending. During the quarter ended  30th September 2007 ,12  investor complaints were received, which were duly resolved.
Place: Mumbai                                              For Thomas Cook (India) Limited
Date: 26th October, 2007                                              Madhavan Menon
                                             Managing Director

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