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    HomeNewsBusinessEarningsGot over Rs 641cr from Quess Corp stake sale, to be debt free post this: Thomas Cook

    Got over Rs 641cr from Quess Corp stake sale, to be debt free post this: Thomas Cook

    Thomas Cook (India) reported a stellar quarter with the travel services business showing a good growth. In an interview to CNBC-TV18, Madhavan Menon, CMD of the company discussed the Q3 performance.

    CNBC-TV18
    February 05, 2018 / 14:41 IST

    Thomas Cook (India) reported a stellar quarter with the travel services business showing a good growth. In an interview to CNBC-TV18, Madhavan Menon, CMD of the company discussed the Q3 performance.

    Menon said that we have continued growth in the margin; Q3 is an investment quarter for business.

    Talking about passenger growth, he said that we look at forward bookings for both Thomas Cook and SOTC. It stands currently at 35 percent growth over the previous year.

    On Quess Corp front, he said we got over Rs 641 crore from Quess Corp stake sale. We will be debt free post this.

    For entire interview, watch accompanying video.

    CNBC-TV18
    first published: Feb 5, 2018 02:41 pm

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