Thomas Cook (India) Limited has reported robust growth for the second quarter (Q2) and first half (H1) of the fiscal year 2025. Consolidated Profit Before Tax (PBT) rose 37% in Q2 to Rs. 1,063 million from Rs. 775 million in Q2 FY24. For H1 FY25, PBT grew by 26% to Rs. 2,136 million, up from Rs. 1,689 million in H1 FY24.
Total income from operations also saw a rise, increasing 9% to Rs. 20,439 million in Q2 FY25 from Rs. 18,713 million in Q2 FY24 and 10% for H1 FY25 to Rs. 41,764 million, compared to Rs. 37,937 million in H1 FY24.
Segment-wise, EBIT margins showed positive trends:
Travel Services improved from 3.5% to 4.9%.
Foreign Exchange rose from 37.4% to 48.8%.
Sterling Holidays increased from 24.7% to 25.2%.
Travel services and Sterling Holidays led the group’s performance, with Travel Services achieving 55% EBIT growth and Sterling Holidays reporting a 24% EBIT growth in Q2 FY25 compared to Q2 FY24.
With cash and bank balances at Rs. 18,885 million as of September 30, 2024, Thomas Cook India maintains a strong financial position. Executive Chairman Madhavan Menon noted, “With a 37% PBT growth in Q2, we delivered results comparable to a peak season quarter in an off-peak period. Our focus moving forward is on sustainable growth and profitability.”