Thomas Cook (India) reports net profit of Rs 66.4 cr for Q2FY26, revenues at Rs 2074 cr – News Air Insight

Thomas Cook (India) reported a consolidated net profit of Rs 66.4 crore for the quarter ended September 30, up 2.3% year on year. Revenue from operations grew 3.5% year on year to Rs 2074 crore from Rs 2004 crore. Mahesh Iyer, MD and CEO Thomas Cook (India) Limited said while multiple global geopolitical challenges and monsoon-related disruptions affected India’s travel sector this quarter, the company has demonstrated ‘resilience’ growing revenue from operations by 9% for the first half of the year. “Despite RBI’s LRS data reflecting a slowdown, particularly in the education segment – our forex business has managed to increase retail sales by 9% in H1 FY26,” he said.

“Looking ahead, we believe that initiatives of the government such as GST 2.0 and other growth-led investments will benefit the travel industry as the consumption led trickle down effect will lead to higher discretionary category spends.” he added.

The company said revenue from operations in its travel services business grew to 12% year on year in H1 FY26 and 6% year on year in Q2 FY26. Its hospitality chain Sterling Holidays opened seven new properties during the quarter, but profitability was impacted by higher setup and operating costs for the new resorts and lower occupancy levels across the newly added inventory. In retail, sales grew by 13% in Q2 FY26; 9% in H1 FY26, led by the holidays segment and overseas education. Forex by WhatsApp transactions grew over 108% year on year in quarter two. App bookings saw a 25% year on year growth in quarter two.
Thomas Cook (India) said it continues to maintain a strong financial position, with cash and bank balances at Rs 2386 crore as of September 30.