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Thomas Cook reports consolidated net loss of Rs 8 crore in Q2

Thomas Cook reports consolidated net loss of Rs 8 crore in Q2

Thomas Cook (India) has reported results for second quarter ended September 30, 2018.

The company has reported net profit of Rs 8.99 crore for the quarter under review as against net loss of Rs 2.77 crore for the same quarter in the previous year. Total income of the company increased by 27.87% at Rs 579.70 crore for Q2FY19 as compared Rs 453.36 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss of Rs 8.45 crore for the quarter as against net profit of Rs 15.87 crore for the same quarter in the previous year. Total income of the company decreased by 42.71% at Rs 1,611.15 crore for Q2FY19 as compared Rs 2,812.36 crore for the corresponding quarter previous year.