Thomas Cook India Q2 net profit at Rs 73.70 cr

Travel services firm Thomas Cook India today reported a consolidated net profit of Rs 73.70 crore for the September quarter.
The company had posted a net profit of Rs 20.03 crore for the corresponding period of the previous fiscal, Thomas Cook India said in a BSE filing.
Consolidated total income from operations of the company stood at Rs 2,690.59 crore for the quarter under consideration. It stood at Rs 2,119.19 crore for the same period a year ago.
The consolidated unaudited results for the quarter and six months ended September 30,2017, include the results of Destination Management Specialists (DMS) and hence are not comparable with the results for the quarter and six months ended September 30, 2016, Thomas Cook India said.

"The mid and long term growth opportunity in travel - from and to Asia, is crystal clear," Thomas Cook (India) Chairman and MD Madhavan Menon said.
To leverage this opportunity, the company's focus remains on risk diversification, consolidation and productivity, he added.
Shares of Thomas Cook India today closed 0.50 per cent lower at Rs 246.55 per scrip on BSE.