Latest News | Thomas Cook India Q2 Net Loss Narrows to Rs 85.17 Cr

New Delhi, Nov 12 (PTI) Travel services firm Thomas Cook India on Friday reported narrowing of its consolidated net loss to Rs 85.17 crore for the quarter ended September 30.

The company had posted a net loss of Rs 100.09 crore for the corresponding period of the previous fiscal, Thomas Cook India said in a regulatory filing.

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Consolidated revenue for the quarter stood at Rs 351.32 crore. It was Rs 141.80 crore for the same period a year ago, it added.

"With the easing of domestic restrictions, reopening of international borders and increased vaccine acceptance, we are witnessing encouraging signs of sustainable recovery across our leisure and corporate segments," Thomas Cook (India) Ltd Chairman and MD Madhavan Menon said.

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The company has already crossed its 12-month pre-pandemic levels for its domestic travel business in India, he added.

Shares of Thomas Cook (India) Ltd closed at Rs 77.60 per share on BSE, up 0.45 per cent from its previous close.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)