Thomas Cook India Q2 results: Net loss narrows to Rs 85.17 cr

Thomas Cook India Q2 results: Net loss narrows to Rs 85.17 cr

AgenciesUpdated: Friday, November 12, 2021, 10:48 PM IST
article-image
The company had posted a net loss of Rs 100.09 crore for the corresponding period of the previous fiscal, Thomas Cook India said in a regulatory filing.0 |

Thomas Cook India on Friday reported narrowing of its consolidated net loss to Rs 85.17 crore for the quarter ended September 30.

The company had posted a net loss of Rs 100.09 crore for the corresponding period of the previous fiscal, Thomas Cook India said in a regulatory filing.

Consolidated revenue for the quarter stood at Rs 351.32 crore. It was Rs 141.80 crore for the same period a year ago, it added.

''With the easing of domestic restrictions, reopening of international borders and increased vaccine acceptance, we are witnessing encouraging signs of sustainable recovery across our leisure and corporate segments,'' Thomas Cook (India) Ltd Chairman and MD Madhavan Menon said.

The company has already crossed its 12-month pre-pandemic levels for its domestic travel business in India, he added.

Shares of Thomas Cook (India) Ltd closed at Rs 77.60 per share on BSE, up 0.45 per cent from its previous close.

RECENT STORIES

Infosys Q4 FY24 Earnings: 1.3% Revenue Growth, 30% Surge In Net Profit YoY

Infosys Q4 FY24 Earnings: 1.3% Revenue Growth, 30% Surge In Net Profit YoY

Gold Falls ₹250 To ₹73,700 Per 10 Grams; Silver Stays Flat

Gold Falls ₹250 To ₹73,700 Per 10 Grams; Silver Stays Flat

Style Revival: Piaggio's Refined Vespa 140th Edition Limited

Style Revival: Piaggio's Refined Vespa 140th Edition Limited

Force Gurkha 5-Door Interior Teaser Hints at Exciting Features Before India Debut

Force Gurkha 5-Door Interior Teaser Hints at Exciting Features Before India Debut

Hindustan Zinc Says It Becomes 3rd Largest Silver Producer Globally

Hindustan Zinc Says It Becomes 3rd Largest Silver Producer Globally