Thomas Cook (India) Limited announced a strong performance for Q3 and 9M FY26, driven by its diversified interests across travel, financial services, and digital imaging. The company reported a 20% PBT growth in Q3 (excluding one-time impacts). The recent Union Budget’s reduction in TCS for overseas tour packages is expected to boost summer travel. The group maintains a robust financial position.
Financial Highlights
Thomas Cook India reported a consolidated financial performance for Q3 & 9M FY26. Key highlights include:
- Q3 FY26 Revenue from Operations: Rs 21,457 mn (up 4% Y-o-Y)
- 9M FY26 Revenue from Operations: Rs 66,275 mn (up 7% Y-o-Y)
- Q3 FY26 PBT: Rs 897 mn (up 20% Y-o-Y, excluding one-time impacts)
- 9M FY26 PBT: Rs 2,852 mn
Segment Performance
The company’s diversified portfolio contributed to the overall strong performance:
- Travel and Related Services: Revenue increased by 3% in Q3 FY26 and 9% in 9M FY26.
- Leisure Hospitality & Resorts: Revenue increased by 12% in Q3 FY26.
- Digital Imaging Solutions: Revenue increased by 5% in Q3 FY26.
Financial Services Update
The financial services segment also demonstrated positive results:
- RBI LRS data indicates a shift in education-led outflows and sustained softness in discretionary categories.
- Company delivered improved performance in the forex business.
- Expansion of forex outlets in new locations.
Leisure Hospitality Expansion
Sterling Holiday Resorts reported significant growth:
- 72 resorts as of Dec ’25 (22% increase)
- 63% resort occupancy in Q3 FY26.
- Average Room Rate increased by 16%.
Digital Imaging Solutions Growth
DEI (Digiphoto Entertainment Imaging) continues to expand its partnerships and operations.
Management Commentary
Mahesh Iyer, Managing Director & CEO of Thomas Cook (India) Limited, commented on the results, highlighting the company’s commendable performance despite a volatile global travel landscape. He also noted the positive impact of the Union Budget’s reduction in TCS for overseas tour packages.
Source: BSE
