{"id":251354,"date":"2025-05-16T05:15:00","date_gmt":"2025-05-15T22:15:00","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=251354"},"modified":"2025-05-16T05:56:27","modified_gmt":"2025-05-15T22:56:27","slug":"thomas-cook-india-declares-record-pre-tax-profit","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2025\/05\/thomas-cook-india-declares-record-pre-tax-profit\/","title":{"rendered":"Thomas Cook India declares record pre-tax profit"},"content":{"rendered":"\n<p>DELHI, 16 MAY 2025: Thomas Cook India shattered its financial performance records, reporting its highest-ever consolidated profit before tax of INR3,784 million in its FY25<\/p>\n\n\n\n<p>Total income from operations grew 12% year-on-year to INR82,815 million.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"743\" height=\"669\" data-src=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/05\/4-8.jpg\" alt=\"\" class=\"wp-image-251355 lazyload\" style=\"--smush-placeholder-width: 743px; --smush-placeholder-aspect-ratio: 743\/669;width:404px;height:auto\" data-srcset=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/05\/4-8.jpg 743w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/05\/4-8-300x270.jpg 300w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/05\/4-8-600x540.jpg 600w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/05\/4-8-696x627.jpg 696w, https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2025\/05\/4-8-466x420.jpg 466w\" data-sizes=\"(max-width: 743px) 100vw, 743px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" \/><figcaption class=\"wp-element-caption\"><em>Thomas Cook (India) Limited Managing Director &amp; CEO Mahesh Iyer.<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n<p>Operating profit before tax (PBT) for FY25 grew 15% to INR3,821 million from INR3,337 million.<\/p>\n\n\n\n<p>Operating PBT for Q4 FY25 grew 51% to INR917 million from INR608 million.<\/p>\n\n\n\n<p>Standalone Operating PBT for FY25 grew 20% to INR1,650 million from INR1,377 million<\/p>\n\n\n\n<p>&nbsp;Q4, typically an investment quarter, was profitable for a second consecutive year.<\/p>\n\n\n\n<p>Travel Services EBIT grew by 29% in FY25, aided by a strong turnaround of the group&#8217;s&nbsp; global DMS companies; Forex grew by 21%<\/p>\n\n\n\n<p>Cash and bank balances at the close of the fiscal year (1 April 2024 to 31 March 2025) stood at INR20,739 million. In the group\u2019s statement for the fiscal year ending 31 March 2025, the board recommended a dividend of INR0.45 per share.<\/p>\n\n\n\n<p>Commenting on the results, Thomas Cook (India) Limited Executive Chairman Madhavan Menon said: \u201cThomas Cook India has delivered another robust performance to wrap up FY25, reporting its highest ever consolidated PBT of INR3,784 million. PBT grew an impressive 46% in Q4 FY25 and 10% for the FY25.&nbsp;<\/p>\n\n\n\n<p>&#8220;The FY25 results were driven by strong all-round delivery \u2014 with Travel Services EBIT growing by 29%, aided by a strong turnaround of Global DMS Companies; Forex growing by 21%.&#8221;<\/p>\n\n\n\n<p>Thomas Cook (India) Limited Managing Director &amp; CEO Mahesh Iyer added: \u201cI am proud of the strong all-round performance of the teams across businesses &amp; geographies for FY25. Our focus will remain enhancing customer experience, digital transformation and cost optimisation. Going forward, we remain cautiously optimistic given recent geopolitical events, global trade wars and potential effects.\u201d\u00a0<\/p>\n\n\n\n<p><strong>How business sectors performed<\/strong><\/p>\n\n\n\n<p><strong>Corporate Travel<\/strong>&nbsp;<\/p>\n\n\n\n<p>\u2022 Turnover grew by 10% y-o-y for FY25; 2% for Q4 FY25<\/p>\n\n\n\n<p>\u2022 11 corporate accounts acquired across sectors like IT, Media, Pharma, FMCG, Manufacturing, BSFI<\/p>\n\n\n\n<p>\u2022 3 new large corporate accounts implemented for Q4 FY25<\/p>\n\n\n\n<p>\u2022 50% touchless transactions led by the adoption of the corporate self-booking tool in Q4 FY25<\/p>\n\n\n\n<p>\u2022 Non-Air business has grown over 29% y-o-y; Hotel business grown by 52% y-o-y for FY25<\/p>\n\n\n\n<p><strong>Meetings-Incentives-Conferences-Exhibitions (MICE)&nbsp;<\/strong><\/p>\n\n\n\n<p>\u2022 Managed over 150 groups, including mega groups of 500 to over 1000 delegates per group. Key international destinations: Europe, Australia, Southeast Asia, UK, UAE, Azerbaijan, Malaysia; Domestic: Goa, Jaipur, Delhi, Kolkata<\/p>\n\n\n\n<p>\u2022 Successfully managed the National Games 2025 in Uttarakhand as the exclusive partner for accommodation, catering and transport, managing a 20,000-member contingent, including 10,000+ athletes, 5,000 support staff and 3,000 dignitaries<\/p>\n\n\n\n<p>o Championed the &#8216;Green Games&#8217; initiative with the planting of over 1600 trees and sustainable practices&nbsp;<\/p>\n\n\n\n<p>\u2022 Successfully managed the Khelo India Para Games 2025 in Delhi as the exclusive partner for accommodation, catering and transport for 1,300+ para-athletes and 1,000+ support staff across three venues, including provision of 8,000+ room nights with para-special accessibility requirements and 35,000+ meals served through live kitchens<\/p>\n\n\n\n<p>o Delivered 2,000+ coaches and small vehicles with para-special accessibility, alongside 24&#215;7 support through a dedicated control room and 11 city arrival points, ensuring seamless athlete experiences<\/p>\n\n\n\n<p><strong>Leisure Travel<\/strong><\/p>\n\n\n\n<p>\u2022 Sales growth of 20% y-o-y for FY25; 19% for Q4 FY25<\/p>\n\n\n\n<p>\u2022 Operated significant volumes (group and personalised products) for Maha Kumbh; premium accommodation and exclusive guided darshans<\/p>\n\n\n\n<p>\u2022 Successfully operated tours for the Japan Cherry Blossom season; Unique culinary experiences included Indian chefs flown down to the destination<\/p>\n\n\n\n<p>\u2022 Expanded Domestic &amp; Short-haul cruise portfolio; ocean and river cruises (international) continued to perform well<\/p>\n\n\n\n<p>\u2022 Experiential travel witnessed high demand \u2013 including Northern Lights, events (Rio Carnival) and Polar cruises (Antarctica), Jan to March migration (Kenya)<\/p>\n\n\n\n<p><strong>Destination Management Services (DMS) Network<\/strong><\/p>\n\n\n\n<p>\u2022 India DMS: Turnover grew by 21% y-o-y for FY25; 17% for Q4 FY25, in line with the increase in foreign tourist arrivals.<\/p>\n\n\n\n<p>Overseas DMS: Sales grew by 30% y-o-y for Q4 FY25 and 23% y-o-y in FY25<\/p>\n\n\n\n<p>\u2022 Middle East &#8211; Desert Adventures: During the quarter, sales saw a healthy increase, led by strong performance in the MICE segment. FIT business in Q4 FY25 remained subdued, primarily due to lower contributions from CIS countries. However, this was more than offset by the MICE segment, led by Gulf Dunes, which secured significant bookings, including major events such as those for Amway (with a topline of INR1078 million) and BMW. Additionally, the entity&#8217;s luxury travel segment, Arabian Lux, and the OTA business showed encouraging growth, contributing positively to the quarter&#8217;s overall performance<\/p>\n\n\n\n<p>\u2022 Asia Pacific &#8211; Asian Trails:&nbsp; Delivered positive growth in Q4 FY25, primarily driven by contributions from Thailand, Vietnam and Australia<\/p>\n\n\n\n<p>\u2022 USA &#8211; Allied TPro: While sales were subdued during the quarter, however, it saw improved margins primarily driven by a mix change towards higher Groups and VIP segments.<\/p>\n\n\n\n<p>\u2022 Private Safaris<\/p>\n\n\n\n<p>o South Africa: Q4 FY25 showed steady y-o-y performance, with improved contribution margins driven by upselling efforts within the Groups and MICE segments<\/p>\n\n\n\n<p>o East Africa: The performance in Q4 FY25 declined sharply, primarily due to the absence of business from FTI following its insolvency. The company continues to make progress on strengthening business from existing partners and by adding new business to compensate for the loss witnessed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DELHI, 16 MAY 2025: Thomas Cook India shattered its financial performance records, reporting its highest-ever consolidated profit before tax of INR3,784 million in its FY25 Total income from operations grew 12% year-on-year to INR82,815 million. Operating profit before tax (PBT) for FY25 grew 15% to INR3,821 million from INR3,337 million. Operating PBT for Q4 FY25 [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":251355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[355,3991],"tags":[],"class_list":{"0":"post-251354","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-india","8":"category-travel-companies"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Thomas Cook India declares record pre-tax profit - TTR Weekly<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ttrweekly.com\/site\/2025\/05\/thomas-cook-india-declares-record-pre-tax-profit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thomas Cook India declares record pre-tax profit - TTR Weekly\" \/>\n<meta property=\"og:description\" content=\"DELHI, 16 MAY 2025: Thomas Cook India shattered its financial performance records, reporting its highest-ever consolidated profit before tax of INR3,784 million in its FY25 Total income from operations grew 12% year-on-year to INR82,815 million. Operating profit before tax (PBT) for FY25 grew 15% to INR3,821 million from INR3,337 million. 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