Tours and travel agency Thomas Cook India reported strong numbers in the second quarter of this financial year. While the consolidated income from operations rose 50.9 per cent to Rs 1,843.4 crore from the year-ago period, its net profit zoomed 5,641.5 per cent to Rs 47.1 crore from Rs 80 lakh in the same period last year. Executive chairman Madhavan Menon speaks to Akshara Srivastava about the drivers behind the growth, and what lies ahead for the Indian travel and hospitality landscape. Edited excerpts:
What are the key factors driving your income and profit?
The first is the industry’s recovery.