Cox & Kings Q1 net dips 5% to Rs 128.09 cr

Tours and travel firm Cox & Kings today reported a 4.95% dip in consolidated net profit to Rs 128.09 crore for the first quarter ended June 30, 2014.

The company had posted a net profit of Rs 134.77 crore for the corresponding period of the previous fiscal, Cox & Kings said in a filing to BSE.

Consolidated net sales of the company however rose to Rs 738.72 crore for the quarter under consideration as against Rs 586.18 crore for the same period year ago.

"Given the seasonal nature of the business of the company, the results of any quarter may not be a true and/or proportionate reflection of the annual performance of the company," Cox & Kings said.

Shares of Cox & Kings today closed at Rs 265.40 apiece on the BSE, up 0.68% from previous close.