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HomeNewsTATOThomas Cook India Posts Q3FY22 Consolidated Loss to Rs. 23.15 Crores

Thomas Cook India Posts Q3FY22 Consolidated Loss to Rs. 23.15 Crores

Thomas Cook (India) has posted net loss of Rs. 23.15 crores for the quarter ended December 31, 2021, as against net loss of Rs. 74.116 crores for the quarter ended September 30, 2021. The company posted net loss of Rs. 59.34 crores for the quarter ended December 31, 2020.

Thomas Cook (India) has reported total income of Rs. 750.24 crores during the quarter ended December 31, 2021, as compared to Rs. 351.321 crores during the quarter ended September 30, 2021. It reported total income of Rs.271.41 crores during the quarter ended December 31, 2020.

Madhavan Menon, Managing Director, Thomas Cook (India) Limited., said, “The Group’s performance for the quarter reflects the strong business recovery across Sterling Holidays, DEI, Desert Adventures (the Middle East based DMS company) and Thomas Cook India Limited. Recovery in profitability is also attributable to the sustained impact of cost saving efforts and efficiencies led by upgradation in technology. I am proud of our teams that made the most of the opportunity & leveraged the coming back of travel demand with the opening of borders, easing of travel restrictions and the comeback of customer confidence. We see strong demand heading into Summer 2022, and are looking forward to the season ahead.”

The company has reported total income of Rs.1417.27 crores during the 9 months period ended December 31, 2021, as compared to Rs.544.09 crores during the 9 months period ended December 31, 2020.

Thomas Cook (India) has posted net of Rs. 180.69 crores for the 9 months period ended December 31, 2021, as against net loss of Rs. 243.77 crores for the 9 months period ended December 31, 2020.

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