Thomas Cook India Q4 Profit Rises 14% YoY to ₹66 Crore

13 May 2025 , 10:32 AM

Thomas Cook India Ltd. announced its fourth quarter ended March 31, 2025, performance, with year-on-year net profit growth of 13.8% at ₹66 crore. The company recorded ₹58 crore in the fourth quarter previous year. The revenue from operations of the company posted a healthy 18.7% YoY growth to ₹197 crore from ₹166 crore in the same quarter previous year.

EBITDA in the quarter has been ₹10 crore, representing a 12.4% YoY rise from ₹8.9 crore in Q4 FY24. In Q4 FY25, EBITDA margin was 5%, a half notch lower than 5.4% reported in Q4 FY24. It saw a YoY growth in EBIT at 29% in its Travel Services business . This is mainly fueled by virtue of experiencing a very healthy revival in its Global Destination Management Services (DMS) businesses.

Forex business also saw robust growth, at 21% YoY for FY25, indicating robust demand across segments. Thomas Cook India had cash and bank balances of ₹2,073.9 crore as on March 31, 2025, underlining its sound financial health. In Leisure Travel business, sales grew 20% YoY in FY25 and 19% in Q4 FY25, led by demand in Thomas Cook and SOTC brands.

The MICE business (Meetings, Incentives, Conferences, Exhibitions) grew 33% in Q4 FY25, although declined 5% on a full-year basis. The Corporate Travel business posted turnover growth of 10% in FY25 and 2% in the fourth quarter, driven by the addition of 11 new corporate clients across sectors such as IT, Pharma, FMCG, Manufacturing, BFSI, and Media.

The firm on-boarded three big corporate clients during Q4 itself, which resulted in an increase in enterprise revenue streams. Among the most impressive operational achievements was the deployment of automation, wherein 50% of transactions during Q4 were touchless on account of a self-booking tool that had been introduced in the corporate travel space.

Non-air business increased more than 29% YoY, while the segment of hotel bookings increased to 52% in FY25. In the Forex business, retail forex grew 11% YoY, overseas education segment grew by 26%, and holiday sales of forex grew by 5%. Of particular importance, the overseas education segment grew by 16% YoY in Q4 FY25.

In its hospitality business, Sterling Holidays grew sales by 10% in FY25 with average occupancy levels standing at 59% for the year and 58% in Q4 FY25. The board of the company has recommended a dividend of ₹0.45 per face value equity share of ₹1, which will be subject to shareholders’ approval at the forthcoming Annual General Meeting.