 "Thomas Cook slips on weak Q2 earnings")
Interest costs surged 53% to Rs 19 crore compared with Rs 12.4 crore in the same quarter last fiscal due to increased working capital requirements, the company said in a release.
However, consolidated income from operations increased 58% to Rs 964.8 crore compared with Rs 609.5 crore in the quarter ended September 30,2014 on the back of strong delivery from its key travel business lines viz. corporate travel, MICE and outbound leisure coupled with that of Sterling Holidays and Quess Corp.
The stock opened at Rs 205 and touched a low of Rs 200. At 1:30pm, over 113,000 shares traded on both the stock exchanges.
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