Thomas Cook Reports Q2 Results; Confirms Amalgamation Scheme for Subsidiaries

Thomas Cook Reports Q2 Results; Confirms Amalgamation Scheme for Subsidiaries​

Thomas Cook (India) Limited released its unaudited financial results for the quarter ended June 30, 2026, alongside detailed segment performance data. The company’s consolidated operations showed significant revenue figures across key business units while continuing preparations related to a major corporate restructuring of its wholly owned subsidiaries.

The company's overall performance saw Total Income reach 21,530.0 million for the quarter ended June 30, 2026. Consolidated results reflected total income and expenses totaling approximately 42,178.5 million for the first half of the financial year.

Key consolidated figures reported for the period are detailed in the table below:

Segment Performance Highlights​

The unaudited consolidated segment results provided a breakdown of revenue and profitability across various business areas, including Financial Services, Travel and Related Services, Leisure Hospitality & Resorts Business, and Digiphoto Imaging Services.

Revenue from operations for the quarter ended June 30, 2026, stood at 20,918.9 million. The largest segment contributor was Travel and Related Services, bringing in 17,105.9 million.

The segment results before tax show robust profit margins:

Corporate and Financial Updates​

The company's board had previously approved a Composite Scheme of Arrangement and Amalgamation concerning Thomas Cook (India) Limited (TCIL) and its wholly owned subsidiaries, including Sterling Holiday Resorts Limited (SHRL), TC Visa Services (India) Limited (TCVSL), Jardin Travel Solution Limited (JTSL), and Borderless Travel Services Limited (BTSL). This Scheme involves the demerger of the Resorts and Resort Management business into SHRL. Shareholders of TCIL will receive shares of SHRL in a ratio of 81 shares for every 100 shares held in TCIL. The scheme also includes the consolidation of equity shares and amalgamation of the aforementioned subsidiaries with TCIL, alongside reducing the face value of paid-up equity share capital.

In operational updates for the full financial year ended March 31, 2026:

• Tax Regime Transition: The company elected to transition to the New Tax Regime effective from FY 2026-27, which resulted in a one-time credit of Rs. 35.9 million toward the reversal of deferred tax liability and was included in the "Tax expense" for the period ended March 31, 2026.
• Property Sale: A property located in Udyog Vihar Phase III, Gurugram (Haryana), India, was sold, generating a profit of Rs. 256.5 million (Rs. 177.4 million net of tax) reported under exceptional items for the year ended March 31, 2026.
• Expense Recognition: An employee benefits expense of Rs. 301.0 million was recognized for past service cost in the financial results for the year ended March 31, 2026.

THOMASCOOK Stock Price Movement​

Today, shares of Thomas Cook (India) Limited gained, closing at ₹107.15 after advancing 2.91% in the market session. The stock saw robust intraday trading, ranging between a low of ₹105.9 and a high of ₹109.9.