Thomas Cook India Group swings to profit

Thomas Cook India Group reported a consolidated net profit of Rs 1.91 crore for the third quarter through December because of higher income.

It had incurred a net loss of Rs 3.96 crore in the year-ago period.

During the quarter under review, total income from operations stood at Rs 1,947.83 crore, against Rs 1,374.8 crore in the same period of the previous fiscal.

However, its total expenses also rose to Rs 1,919.27 crore, in comparison to Rs 1,354.47 crore a year ago.