Thomas Cook India Q4 FY26 Revenue ₹17,707 Million, Down 10%; FY26 EBT at ₹3,268 Million, Down 14%

Thomas Cook (India) Limited announced the transcript of the Q4 & FY26 Earnings Conference Call held on 13 May 2026, has been uploaded on the company's website. The conference call included Mr. Mahesh Iyer, Managing Director and Chief Executive Officer – Thomas Cook (India) Limited, Mr. Debasis Nandy, President and Group Chief Financial Officer – Thomas Cook (India) Limited, Mr. Brijesh Modi : Chief Financial Officer – Thomas Cook (India) Limited, Mr. Vishal Suri: Managing Director and Chief Executive Officer – SOTC Travel Limited, Mr. Vikram Lalvani : Managing Director and Chief Executive Officer – Sterling Holidays Resorts, Mr. Krishna Kumar: Chief Financial Officer – Sterling Holidays Resorts and Mr. K. S. Ramakrishnan: Managing Director and Chief Executive Officer – DEI. The year opened with events that led to airspace disruption, weakened traveller confidence and slower pace of business. The situation in the Middle East further intensified with the US-Iran-Israel conflict. For the 9 months of FY '26, the company reported a 7% increase in top line growth, whereas EBITDA improved marginally. During Q4 of FY '26, the group's revenue stood at ₹ 17,707 million, reflecting a 10% decrease against the same period last year. On a full year basis, while the company's income increased to ₹ 83,982 million, a 3% increase on a consolidated basis, EBT was impacted by the geopolitical crisis and was 14% lower than last year at ₹ 3,268 million. The Board has granted in -principle approval for the demerger of the resort business into Sterling Holiday Resorts. The Financial Services segment reported a strong outcome on the face of a stretched operating environment. For the quarter in question, the forex revenue increased by 3% to ₹ 813 million and EBIT improved by 17% to ₹ 392 million with an EBIT margin of 48%. For the full year, reported revenue and EBIT remained flat at ₹ 3,261 million and ₹ 1,493 million with an EBIT margin of 46%. The company reported a total travel revenue of ₹ 67,025 million for the year, which is an increase of 4% and EBIT was down 11% to ₹ 2,218 million, with an EBIT margin of 3.3%, and this largely reflects the geopolitical impact in overseas subsidiaries. Sterling Resorts' total revenue for Q4 FY '26 stood at ₹ 1,408 million, registering a double -digit growth of 14%. EBITDA grew 10% at ₹ 348 million. PBT increased 18% to ₹ 207 million. DEI's Q4 FY2026 posted ₹ 194 crore top line against a ₹ 201 crore top line of a similar period in Q4 FY2025, against which it also posted EBIT of negative ₹ 10 crores against ₹ 7 crores positive in the same quarter last year.