Home Agents/Operators/Trade People Thomas Cook (India) Limited announces strong Results for the Quarter ended June...

Thomas Cook (India) Limited announces strong Results for the Quarter ended June 30, 2017

Thomas Cook (India) Ltd. today declared strong Financial Results for the Quarter ended June 30, 2017 reflecting a robust performance by the standalone entity (31% increase in Profit Before Tax from Rs 321 Mn. to Rs 421 Mn.); Income from Operations grew by 15% from Rs 6863 Mn. to Rs 7886 Mn. The Leisure businesses registered a 23% growth in passenger numbers, while the Foreign Exchange business registered a 6% increase in revenue at an operating level.

Quess Corp Limited

The Company registered strong growth on all key parameters: Revenue growth of 19.9 per cent from Rs. 9.9 Bn to Rs. 11.9 Bn; EBITDA up by 20.4 per cent from ~Rs. 530 Mn to ~Rs. 630 Mn; a 17 per cent increase in Profit Before Tax from Rs 382 Mn. to 447 Mn. and growth in PAT by 34.2 per cent; Headcount grew by 53.2 per cent to ~195,000 for the Quarter ended June 30, 2017 vs. the corresponding quarter of the previous year.

Sterling Holiday Resorts Limited

The Company’s operating income grew by 10 per cent from Rs.722 Mn to Rs. 792 Mn in Q1 FY 18. Average Room Rent increased by 34 per cent through better revenue management across various channels.