Mumbai: Thomas Cook (India) Limited (TCIL) has reported a 9% growth in revenues to Rs. 44,818 million in H1 FY26, from Rs. 41,097 million in the same period last year. Profits Before Tax (PBT) has remained flat at Rs.2,211 million, a slight increase from Rs. 2,187 million from the same period last year, as weather disruptions and global headwinds have hampered demand in key tourism markets.
Despite this, the company’s financial services and travel services have recorded 9% and 12% year-on-year increases in revenues respectively, mainly due to strong demand for overseas education and holidays. Its Corporate travel segment has also seen strong growth, with 11 new accounts across IT, pharma, ed-tech, automotive and e-commerce sectors, while its self-booking platform has seen a 59% rise in users. Moving ahead, the company aims to boost its digitisation efforts with its TraveOne and Dhruv.ai booking platforms for flights and travel insurance.
Commenting on the results, Mahesh Iyer – Managing Director & CEO Thomas Cook (India) Limited said:
“While multiple global geopolitical challenges and monsoon-related disruptions affected India’s travel sector this quarter, the TCIL Group has demonstrated resilience – growing Revenue from Operations by 9% for H1 & 3% for the quarter, as well as sustaining PBT at Rs. 2,211 Mn in H1 FY26. Despite RBI’s LRS data reflecting a slowdown, particularly in the education segment – our forex business has managed to increase retail sales by 9% in H1 FY26.
Looking ahead, we believe that initiatives of the government such as GST 2.0 and other growth-led investments will benefit the travel industry as the consumption led trickle down effect will lead to higher discretionary category spends.”
