Thomas Cook Q4 net up 70 per cent at Rs 8.57 crore

NEW DELHI: Thomas Cook (India) today reported 70.03 per cent increase in its consolidated net profit at Rs 8.57 crore for the fourth quarter ended December 31, 2012.

The company had posted a net profit of Rs 5.04 crore in the same period of 2011, Thomas Cook (India) Ltd ( TCIL) said in a filing to the BSE.

The company follows a January-December financial year. Consolidated total income from operations of the company rose to Rs 97.71 crore in the fourth quarter from Rs 93.25 crore in the same period of 2011.

For the year ended December 31, 2012, the company posted a net profit of Rs 50.43 crore, compared to Rs 56.24 crore in the same period of 2011.

"...TCIL's strong Q4 results are also a result of consistent performances across our portfolio of travel businesses," Thomas Cook (India) Managing Director Madhavan Menon said.

The company's income from operations for the year ended December 31, 2012, stood at Rs 430.19 crore, compared to Rs 391.82 crore in 2011.

Shares of TCIL were trading at Rs 54.25 on the BSE in late afternoon trade, down 0.09 per cent from their previous close.