Peter Kerkar

Cox & Kings raises Rs 450 crore through sale in education & hotels arm

The deal values the unit at $653 million and will help the company reduce its debts.

Indian leisure business driving group forward: Cox & Kings

Speaking to CNBC-TV18, Peter Kerkar, Chief Executive Officer of Cox & Kings, said November's note ban had diverted business from unorganised players to the white economy.

Cox & Kings Q3 net down 85% at Rs 15 cr

Tours and travel firm Cox & Kings today reported a 84.81 percent decline in its consolidated net profit at Rs 15.23 crore for the third quarter ended December 2016.

Cox & Kings owned MEININGER to open hotel in Leipzig

Travel company Cox & Kings on July 8 said its group company MEININGER Hotels will open a property in Leipzig in Germany next year

Reducing debt on agenda; Brussels attacks hit biz: Cox & Kings

Explaining the numbers, Peter Kerkar, Director, Cox and Kings, said that the company had sold two businesses last year as a result of which the revenues were suppressed.

Cox & Kings' Meininger Hotels to open in Barcelona

Meininger operates 16 hotels with a total of 7,025 beds in 10 European cities. Its concept is based on combining the service and comfort of a hotel with the uncomplicated nature of a hostel, Cox & Kings said.

Cox & Kings Q2 PAT at Rs 118 crore

Net revenue of the company went up 13 percent to Rs 685 crore during the quarter under review against Rs 605 crore in July-September quarter of last fiscal.

Cox & Kings Q1 net up 5% at Rs 135 crore

The company had posted Rs 128 crore net profit in the corresponding period last year, it said in a release issued here. Net Sales also grew by 5 per cent to Rs 684 crore against Rs 649 crore in Q1 FY15.

FY16 outlook robust; aim to pare debt: Cox & Kings

Peter Kerkar, director, Cox & Kings expects a double digit growth in education travel sector in the next quarter.

Will enjoy double-digit growth in future: Cox & Kings

According to Peter Kerkar, along with â€˜Make in India‘ the government is also pushing reforms towards areas like e-visa‘s, visa‘s on arrival which will make tourism attractive for travellers who are looking at India

Domestic leisure biz to grow 25% in FY14: Cox & Kings

Peter Kerkar, Director of Cox & Kings feels April-October is a strong period for education and camping businesses, which are seasonal in nature.

Nostro licence to fetch Rs 2-3cr more per qtr: Cox & Kings

Until now, Thomas Cook has been enjoying its monopoly as the only travel company to have an authorised dealer licence also known as a Nostro licence. Peter Kerkar the director says the advantage is it will give them between Rs 2-3 crore of net profit per quarter through the year.