Thomas Cook (India) Limited has reported a resilient performance for the first quarter of FY27, driven by growth in its Financial Services and Leisure Hospitality segments. Despite geopolitical challenges impacting its GCC-based subsidiaries, the company maintained steady performance in Travel Services. Consolidated income stood at Rs. 21,530 Mn, with a PBT of Rs. 885 Mn. The company maintained a strong financial position with cash reserves of Rs. 26,488 Mn.
Thomas Cook India Reports Resilient Q1 FY27 Performance
Thomas Cook (India) Limited (TCIL) has announced a resilient performance for the first quarter of FY27, navigating a volatile operating environment. The company’s Financial Services and Leisure Hospitality segments registered growth, while Travel Services remained steady despite significant headwinds. The consolidated results were partially subdued due to the impact of the West Asia conflict on the Group’s GCC-based subsidiaries.
Financial Highlights for Q1 FY27
- Consolidated Total Income for Q1 FY27 stood at Rs. 21,530 Mn, a decrease of 12% year-on-year.
- Consolidated Profit Before Tax (PBT) for Q1 FY27 was Rs. 885 Mn, down by 21% year-on-year.
- Excluding the GCC-based subsidiaries, the Group’s consolidated results showed an 8% growth in EBIT for Q1 FY27.
Segment Performance
Financial Services
- Revenue from Operations increased by 6% year-on-year for Q1 FY27.
- Retail turnover grew by 8% year-on-year.
- EBIT grew by 8% year-on-year, with EBIT margins at 45.3%.
Leisure Hospitality (Sterling Holidays & Nature Trails)
- Revenue from Operations grew by 19% year-on-year in Q1 FY27.
- EBIT grew by 28% for Q1 FY27, with EBIT margins maintained at 32.4%.
Travel Services
- Revenue from Operations from Thomas Cook, SOTC, and TCI remained steady in Q1 FY27.
Operational Highlights and Strategy
The Group navigated the challenging period through timely repricing to manage input cost escalations, renegotiating with partners, and maintaining prudent cost discipline. Thomas Cook (India) Limited continues to maintain a strong financial position, with Cash & short-term investments at Rs. 26,488 Mn as of June 30, 2026, compared to Rs. 26,162 Mn as of March 31, 2026.
Commenting on the results, Mahesh Iyer, Managing Director & CEO, stated, “The first quarter of FY27 was characterised by a highly volatile operating environment. The impact was particularly severe on our GCC-based subsidiaries… The Group delivered a resilient performance for Q1 FY27 despite the challenging environment… Our focus remains on prudent financial management, driving operational excellence through technology and innovation, and strengthening our customer focus to deliver sustainable growth and create long-term value for all our stakeholders.”
Source: BSE
