Cox & Kings back in black; Q3 net at Rs 3 cr

Cox & Kings today reported profit after tax (PAT) at Rs 3 crore for the third quarter ended December 31.

MUMBAI: Holidays and education travel group Cox & Kings today reported profit after tax (PAT) at Rs 3 crore for the third quarter ended December 31.

The company has posted a loss of Rs 8 crore in the corresponding period last year.

The consolidated net sales stood at Rs 357 crore in the quarter under review, up from Rs 285 crore in the same period last year, the company said in a release here.

"We have achieved good growth both in our domestic and international businesses. The integration of Holidaybreak with Cox and Kings will strengthen our existing profit and loss (P&L). The travel industry has been performing well and we are poised to capitalise on this and grow at a robust pace," Cox and Kings Director Peter Kerkar said.
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