Madhavan Menon, managing director of Thomas Cook expects to see 15% jump in revenues and profits in the last quarter of 2011. He is also confident about healthy traffic in terms of holiday-goers and expects the segment to grow continuously over next year despite an expensive dollars.
Below is the edited transcript of the interview. Also watch the accompanying video. Q: You posted a 20% topline growth, the bottom line looks even better. What kind of a trajectory are you looking at in the next quarter and next year 2012 as you operate on a calendar year basis? A: The outbound businesses were the drivers of our performance in the last quarter. Our outbound holiday business saw a substantial growth over the previous year. Q: You had a good set of numbers. How much of that we can extrapolate for the next six-eight months? A: The next important season is the winter in December. There has been a sizable growth in bookings for the current year, over the previous year. We donDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
