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Thomas Cook (India) Ltd declares Q3 Results
PBT doubles to `356.4 million; Net profit for the quarter stood at `245.2 million
Mumbai, October 21, 2011: Thomas Cook (India) Limited declared its Third Quarter results today.
- PAT more than doubled to `245.2 million from `114.5 million
- PBT doubled to `356.4 million from `177.7 million
- Revenue increased to `895 million from `744.9 million, an increase of 20% Improvement in the nine month period of 22%
On the back of impressive growth from The Leisure Travel Outbound business, Thomas Cook (India) Ltd posted an increase in revenue of 20%. The Outbound Travel success was due to a noteworthy growth in volume of 75%, increase in passenger numbers by 60% and corresponding increase in revenues by 52%.
Improved margins and aggressive expansion, via a combination of owned shops and franchisee partners, primarily in the Tier II and III markets, have also played a significant role.
Despite volatility in the global currency markets, the Foreign Exchange business has registered growth of 23%.
About Thomas Cook (India) Limited:
Thomas Cook (India) Ltd. is the largest integrated Travel and Travel related Financial Services Company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, Leisure Travel, MICE and Travel Insurance. The Company has been into Indian operations since 1881, offering 130 years of world-class travel service across 208 locations in 78 cities, including 26 airport counters and over 270 Partners.
For more information please visit www.thomascook.in
About Thomas Cook Group plc:
Thomas Cook Group plc, UK, is one of the world’s leading leisure travel groups with sales of £8.8 billion, 22.3million customers, 31,000 employees, a fleet of 93 aircraft and a network of over 3,400 owned and franchised travel stores and interests in 86 hotels and resort properties. It operates under five geographic segments in 21 countries, and is number one or two in all its core markets.
For Media Enquiries please contact:
Thomas Cook (India) Limited
Suzanne Pereira – B: +91-22-61603333; D: +91-22-66091380; M: +91-9820297665;