Cox & Kings Q1 net dips 24 pct to Rs. 108 crore

Tour and travel firm Cox and Kings has reported 23.67 percent dip in consolidated net profit to Rs. 108.07 crore for the first quarter ended June 30, 2016-17.

The company had posted a net profit after taxes, minority interest and share of profit of associates of Rs. 141.60 crore for the corresponding period of the previous fiscal, Cox and Kings said in a filing to BSE.

Consolidated total income from operations also declined to Rs. 2,065.12 crore for the first quarter of the current fiscal as against Rs. 2,131.80 crore for the same period of 2015-16.