Thomas Cook India reports Q3 obtain loss of Rs 66.23 cr attributable to Covid-19
Bolt companies and products provider Thomas Cook India on Thursday reported a consolidated obtain loss of Rs 66.23 crore for the third quarter ended December 2020, attributable to the ongoing impact of COVID-19.
The firm had posted a obtain earnings of Rs8.60 crore for the corresponding duration outdated fiscal,Thomas Cook stated in a BSE filing.
Its consolidated earnings from operations stood at Rs236.47 crore for the quarter under consideration. It used to be Rs1,727.01 crore within the same duration a yr ago, it added.
“Despite the ongoing challenges posed by the pandemic, our groups hold remained focussed on industry restoration right by each of our industry segments with spectacular performances by DEI, the Middle East essentially essentially based DMS companies and Sterling Holidays, supported by the ongoing level of curiosity on fee optimisation and money conservation right by the Community,”Thomas Cook (India) Chairman and MDMadhavan Menon stated.
The quarter moreover witnessed well-known improvement in buyer sentiment with growing quiz all by and after the festive season for every leisure and industry toddle as the nation strikes in opposition to industry normalcy post-pandemic, he added.
Shares of Thomas Cook (India) Ltd closed at Rs46.25per scrip on BSE, up 4.99 per cent from its outdated end.
(Finest the headline and image of this file can also simply were remodeled by the Trade Usual staff; the relaxation of the philosophize is auto-generated from a syndicated feed.)
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