Thomas Cook India reports 9% y-o-y revenue growth for H1 FY26 to ₹4,481.8 crore despite headwinds
Thomas Cook India reported 9% y-o-y revenue growth for H1 FY26 to ₹4,481.8 crore and maintained PBT, demonstrating resilience despite geopolitical and weather challenges impacting Q2 FY26.
This announcement provides comprehensive financial results for H1 and Q2 FY26, detailing performance across all major business segments. Such detailed financial updates are critical for investors and can significantly influence stock valuation.
Despite headwinds, the company achieved revenue growth and maintained PBT. Key segments like Financial and Travel Services showed positive performance, new properties were added, and the company received awards for treasury management, indicating operational strength and resilience.
* Thomas Cook (India) Limited (TCIL) reported a Revenue from Operations growth of 9% year-on-year to ₹44,818 Mn (₹4,481.8 crore) for H1 FY26 and 3% year-on-year to ₹20,738 Mn (₹2,073.8 crore) for Q2 FY26, despite geopolitical events and weather disturbances. * PBT after exceptional items was maintained at ₹2,211 Mn (₹221.1 crore) in H1 FY26 (vs ₹2,187 Mn or ₹218.7 crore in H1 FY25) and ₹1,098 Mn (₹109.8 crore) in Q2 FY26 (vs ₹1,096 Mn or ₹109.6 crore in Q2 FY25). * Financial Services: Retail turnover increased by 13% year-on-year for Q2 FY26 and 9% for H1 FY26, driven by holidays and overseas education segments. EBIT margins were healthy at 49% for Q2 FY26. * Travel Services: Revenue from Operations grew 12% year-on-year in H1 FY26 and 6% year-on-year in Q2 FY26. Corporate Travel acquired 11 new accounts, and Leisure Travel launched Festival and Carnival tours and restarted Kailash Mansarovar Yatra. * Leisure Hospitality (Sterling Holidays): Sales declined by 13% year-on-year for Q2 FY26 and 2% for H1 FY26 due to weather and seasonality headwinds. Sterling opened a record seven new properties during Q2 FY26, expanding its network to 69 properties. * Digiphoto Entertainment Imaging (DEI): Revenue from Operations declined by 6% in Q2 FY26 and 3% in H1 FY26, affected by geopolitical issues in the Middle East and venue closures. The segment signed 9 new partnerships in Q2 FY26. * The Group maintained a strong financial position with Cash & Bank balances at ₹23,861 Mn (₹2,386.1 crore) as of September 30, 2025. * Thomas Cook India won two awards at the Adam Smith Awards Asia 2025 for Best Risk Management Solution and Best Investing Solution. * Mahesh Iyer, MD & CEO, stated that the TCIL Group demonstrated resilience, growing Revenue from Operations and sustaining PBT despite challenges. He expects government initiatives like GST 2.0 to benefit the travel industry, leading to higher discretionary spending.
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Thomas Cook (India) Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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