Thomas Cook (India) Ltd reported a significant decline in its fourth quarter financial performance, with net profit falling 40.2% year-on-year to ₹39 crore compared to ₹65 crore in the same period last year. According to reports from CNBC TV18, the omnichannel travel services company faced challenges across key financial metrics during the quarter.
Revenue for the quarter declined 10.1% year-on-year to ₹1,771 crore from ₹1,969 crore in the corresponding quarter of the previous year. As reported by CNBC TV18, EBITDA fell 20.4% year-on-year to ₹78.2 crore from ₹98.2 crore a year earlier. The company's EBITDA margin stood at 4.4% for the quarter, compared with 5% in the same period last year, indicating margin compression despite revenue decline.
Despite the challenging quarter, the company's board recommended a dividend of ₹0.50 per equity share of Re 1 each for FY26. According to CNBC TV18, the dividend payout is subject to approval of shareholders at the company's ensuing Annual General Meeting. This dividend declaration suggests management's confidence in the company's long-term prospects despite current quarterly challenges.
Shares of Thomas Cook (India) Ltd ended at ₹92.99, down by ₹0.050, or 0.054% on the BSE following the results announcement. As reported by CNBC TV18, the modest decline in share price reflects investor reaction to the quarterly performance and the company's dividend recommendation amid challenging market conditions.
