
TCIL Q2 FY27 PBT ₹848 Mn Amid Global Headwinds
Thomas Cook (India) Ltd (TCIL) reported resilient profits for Q2 FY27, with Profit Before Tax (PBT) holding firm at ₹848 Mn, a slight increase from ₹845 Mn in Q2 FY26, despite global headwinds. Total Income for Q2 FY27 stood at ₹20,030 Mn, down 5% year-on-year. The Financial Services segment showed strong growth, with revenue up 21% YoY. India Travel Businesses staged a sharp recovery, ending the quarter only 6% lower than last year, with healthy EBIT margins of 3.8%. Overseas Destination Management Services (DMS) revenue recovered but was impacted by geopolitical factors. Forward bookings for India leisure travel are strong at 30% for Q3 FY27, signaling positive future demand despite elevated costs. The company maintains a strong financial position with cash and short-term investments at ₹28,430 Mn. CRISIL reaffirmed its ratings for TCIL's bank facilities.
Key Highlights
- Q2 FY27 PBT remained stable at ₹848 Mn despite global challenges.
- Financial Services revenue grew 21% YoY, India Travel Businesses showed sharp recovery.
- Forward bookings for India leisure travel are strong at 30% for Q3 FY27.
- Company maintains a robust financial position with significant cash reserves.
- CRISIL reaffirmed 'CRISIL AA/Stable' rating on long-term bank facilities.
Price Impact
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