Sterling Resorts Posts 27th Profitable Quarter, Portfolio Exceeds 4,000 Keys

Sterling Holiday Resorts Limited, a wholly-owned subsidiary of Thomas Cook (India) Limited, has announced its 27th consecutive profitable quarter. The company reported a record Q2 revenue of ₹1,272 million, a 17% year-on-year increase, despite it being a seasonally weaker quarter. Sterling achieved its largest quarterly expansion, opening 7 new resorts in Q2 FY27, bringing its total portfolio to 83 resorts and surpassing the 4,000-key milestone. For the first half of FY27, revenue grew 19% to ₹2,971 million, EBITDA rose 15% to ₹910 million, and Profit Before Tax increased 22% to ₹623 million. The company maintains a debt-free balance sheet with cash reserves of ₹3,805 million, positioning it for future growth and investment.