Thomas Cook (India) Limited has released the transcript for its Q1 FY27 Earnings Conference Call held on August 4, 2026. The transcript details the company’s financial and operating performance, including updates on various business segments such as foreign exchange, travel, MICE, and hospitality. Management provided insights into the company’s resilience, strategic initiatives, and outlook for the upcoming quarters.
Thomas Cook (India) Q1 FY27 Earnings Conference Call Transcript Available
Thomas Cook (India) Limited has made available the transcript of its Q1 FY27 Earnings Conference Call, which took place on August 4, 2026. This document provides a comprehensive overview of the company’s performance during the quarter and strategic discussions. The call featured key management personnel including Mahesh Iyer (Managing Director and CEO), Vikram Lalvani (MD & CEO of Sterling Holiday Resorts), and K.S. Ramakrishnan (MD of DEI), among others.
Financial Performance and Segment Highlights
The transcript reveals that the first quarter of FY27 tested the resilience of the business, with consolidated total income at INR 21,530 million, a 12% decline year-on-year. Excluding businesses impacted by geopolitical disruptions, India operations remained stable. Profit before tax stood at INR 885 million, down 21% Y-o-Y. Key segments like foreign exchange showed positive performance with revenue growing by 6% and EBIT by 8%. The education portfolio saw a significant turnover increase of 36% year-on-year. The travel business reported revenue of INR 17,106 million, a 14% decline, largely due to geopolitical impacts on certain divisions. Sterling Holidays reported a strong quarter with revenue up 21% and EBITDA up 21%.
Strategic Outlook and Resilience
Management emphasized the company’s diversified portfolio and resilient business model in navigating geopolitical challenges. Strategic investments in digital transformation, AI-powered initiatives, and customer engagement were highlighted. The focus remains on executing consistently, responding with agility, and building a stronger, more resilient business. For the hospitality segment, Sterling’s Q1FY27 performance was described as its best ever quarter, with revenue reaching INR 1.7 billion, a 21% year-on-year increase.
Source: BSE
