Page 4 - Thomas Cook (india)

Thomas Cook India posts Rs 4.26-cr Q2 net, says global unrest affected biz

Travel services provider Thomas Cook (India) Ltd on Thursday reported a consolidated net profit of Rs 4.26 crore in the second quarter ended September 30. The company had posted a consolidated net loss of Rs 6.25 crore in the same quarter last fiscal, Thomas Cook India said in a regulatory filing. Total income from operations stood at Rs 1,747.59 crore as compared to Rs 1,611.15 crore in the corresponding period of last fiscal, it added. The company said a challenging operating environment with continuing weak consumer sentiment had impacted the travel segment primarily in the outbound and domestic businesses. Commenting on the financial performance, Thomas Cook (India) Ltd Chairman and Managing Director Madhavan Menon said, "This has been a challenging quarter for the travel industry with the collapse of Jet Airways leading to a surge in airfares, as well as the negative impact on customers and to the entire Indian Travel industry caused by the closure of Cox & Kings." "Globally,

Indian entity retains right to use Thomas Cook brand name till 2024

Thomas Cook India pays an annual licence fee of Rs 2 crore, and is set to begin the process of brand transition next year.

Lots in a name for Thomas Cook India: Can it get a new brand identity?

Over the last few days, as the fortunes of Thomas Cook Plc took a wrong turn, the Indian entity scrambled to distance itself from its erstwhile parent

Letter to BS: Thomas Cook collapse is a big blow to global tourism

This is a typical case of overconfidence and mismanagement by a company

Thomas Cook (India) dips 12% despite clarification on suspicious transaction

It denied report which said that the MCA was probing Thomas Cook (India) in relation to a 'suspicious' money transaction with a Delhi-based forex trader.

It's too early to decide on brand acquisition, says Thomas Cook India

The company was awaiting clarity from the UK and would weigh all factors before taking any decision on acquisition

Thomas Cook says it's bullish about travel biz and open to new investments

The tour operator issued a statement on Tuesday in the backdrop of financial crisis faced by rival firm Cox & Kings

Thomas Cook (India) rallies 10%; Quess Corp falls nearly 10% in intra-day

Thomas Cook (India) rallied 10% to Rs 266 after the board of directors of the company has given consent to the management to explore the possibility of an internal corporate restructuring exercise