Thomas Cook shares drop 12% after firm's Q3 net profit falls 40% to Rs 50 crore

Thomas Cook shares drown over 11% with declined net profits in Q3FY25 earnings

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Thomas Cook  shares dropped over 12 percent on February 4, a day after the company announced its Q3 FY25 earnings results. The company reported a major decline of nearly 40 percent in its Q3 net profit during the post-market hours of February 3.

Shares of Thomas Cook (India) Ltd are trading at Rs 143.95 apiece, as seen at 11.24 am. This marks a decline of 12.01 percent from the stock's previous closing price.

Read about Stock Market updates LIVE

Thomas Cook's consolidated results for the quarter ended December 2024 reflected higher sales, with an increase of 8.87 percent to Rs 2,061.01 crore, as against Rs 1,893.13 crore in the same quarter of the previous year (December 2023).

Despite the rise in sales, the company experienced a significant decline in net profit, which dropped by 39.82 percent to Rs 49.58 crore in the quarter ended December 2024, from Rs 82.39 crore in the corresponding quarter of the previous year. Therefore, higher sales did not translate into proportional profitability, possibly due to increased costs or reduced margins.

In another exchange filing, the company notified that Madhavan Menon, chairperson of Thomas Cook India, has been redesignated as non-executive chairman of the board of the travel company. In its filings to BSE on Monday, the travel company said that he will change from his current role starting 1 June.

Menon was re-appointed as executive chairman of the company for another term of five years, back in July 2023. However, the board has now redesignated him as non-executive chairman upon him having requested for the same.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.