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Thomas Cook India sees Q2 profit up 16 times to Rs 76.6 crore this Q2
![IndiaTimes]()
Thursday, 2 November 2023
Thomas Cook India has reported a record growth in profit for July-September 2023, (Q2 FY ’24) with the same growing to Rs 76.6 crore from Rs 4.9 crore in same period last fiscal. The growth has been driven by travel businesses of Thomas Cook & SOTC, Foreign Exchange & Sterling Holidays. The overseas travel businesses registered a profit of Rs 8 crore, as opposed to a loss of Rs 17.6 crore in same period last year. The group says it has cash and bank balance of Rs 13.4 billion as of September 30, 2023.
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