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Thomas Cook India's Q1 net profit down 31 percent

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IANS Mumbai

Travel and tourism service firm Thomas Cook India on Thursday reported a decrease of 31 percent in its net profit for the first quarter of the current fiscal.

According to the company, its net profit stood at Rs.24.88 crore in the quarter under review from Rs.36.06 crore for the quarter ended June 30, 2014.

The company's total income in the quarter ended June 30, 2015 decreased by 6.05 percent at Rs.138.95 crore from Rs.147.91 crore in the previous corresponding quarter.

The company's consolidated net profit for the quarter ended June 30, 2015 fell by 16.43 percent at Rs.42.01 crore from Rs.50.27 crore in the first quarter of 2014-15.

 

However, the company's consolidated total income during the quarter under review grew by 69 percent at Rs.929.15 crore from Rs.549.81 crore in the corresponding period of last fiscal.

The company's scrip at the Bombay Stock Exchange (BSE) gained by 1.07 percent on Thursday and stood at Rs.227 from its previous close of Rs.224.60 per equity share.

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First Published: Jul 30 2015 | 8:20 PM IST

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