Thomas Cook India declares 50% dividend

The shareholders of Thomas Cook India Limited at the Annual General Meeting (AGM) held on Friday June 27, 2008 approved dividend of 50% on equity capital of the company.

The Company had declared a Profit after Tax of Rs. 519 million for the year ended December 31, 2007 reflecting a substantial annualized growth of 68% over the period ended December 31, 2006.

For the first quarter ended March 31, 2008, the Company’s revenues increased by 17% while Profit before Interest & Tax grew by 18.5%. Net Profit after Tax stood at Rs. 78.9 million, an increase of 7.3% over the last year translating to a non-annualized EPS of Re. 0.45. 

Sourced From: Adfactors Public Relations Pvt Ltd