Thomas Cook (India) Q1 Net Profit Falls 13.4% to Rs 63.7 Cr

New Delhi: Thomas Cook (India) Limited on Monday reported a consolidated net profit of Rs 63.7 crore in the first quarter ended June, down 13.4 per cent year-on-year, on account of West Asia geopolitical disruptions.

The travel services firm had posted a net profit of Rs 73.56 crore for the April-June quarter of last year, according to a regulatory filing.

Its total income decreased to Rs 2,153 crore during the first quarter under review, from Rs 2,453 crore a year ago.

Meanwhile, Thomas Cook (India) reported total expenses of Rs 2,064.55 crore, lower than Rs 2,341.74 crore recorded in the comparable period of last year.

Excluding GCC-based entities, the Group’s consolidated EBIT (Earnings Before Interest and Taxes) registered a healthy growth of 8 per cent Year-on-Year during the first quarter.

Mahesh Iyer – Managing Director & CEO, Thomas Cook (India) Limited, said, “The first quarter of FY27 was characterised by a highly volatile operating environment. The impact was particularly severe on our GCC-based subsidiaries – Digital Imaging (DEI) & Desert Adventures – that continue to be affected by the ongoing conflict in the region.

The Group delivered a resilient performance for Q1 FY27 despite the challenging environment, with both Financial Services & Leisure Hospitality registering growth, while Thomas Cook, SOTC and TCI held steady despite strong headwinds in Travel Services, it said.

(Disclaimer: Except for the headline, this article has not been edited by HDFC Sky editorial team and is auto-generated from PTI feed.)