Thomas Cook Q4 net profit at Rs 5,915 crore

Travel services firm Thomas Cook India has posted a consolidated net profit of Rs 5,915.04 crore for the fourth quarter ended March 2018.

The company had reported a net loss of Rs 59 lakh during the same period of the previous fiscal.

Total income from operations stood at Rs 2,662.03 crore for the fourth quarter. It stood at Rs 2,213.93 crore in the January-March period of 2016-17.

For the year ended March 31, the company posted a net profit of Rs 6,131.39 crore. It stood at Rs 86.10 crore in 2016-17.

Total income from operations for 2017-18 stood at Rs 11,411.55 crore. It was Rs 8,846.77 crore in 2016-17.

The company said the consolidated results for the quarter and year ended march 31, 2018 were not comparable with results of fourth quarter and year ended March 31, 2017.

Commenting on the results, Thomas Cook (India) Ltd (TCIL ) Group Chairman and Managing Director Madhavan Menon said: "Our strategic focus for the period was on technology- both business and customer facing. This, coupled with our sales analytics initiative, has ensured better productivity and helped build a robust forward booking position."