Thomas Cook (India) Ltd. Latest Updates

Financial Performance & Upcoming ResultsFY26 Annual Results: The company is scheduled to report its audited financial results for the full fiscal year ending March 31, 2026, on May 12, 2026. A final dividend recommendation is also expected during this board meeting. Q3 FY26 Performance: For the quarter ending December 2025, the company reported consolidated revenue of ₹21.9 billion, a 6.1% increase year-on-year. However, net income for the quarter saw a 16% dip to ₹417 million due to higher operational expenses. Credit Rating: CRISIL recently reaffirmed the company’s credit ratings at AA/Stable and A1+, citing its leadership in the tourism sector and strong support from its parent company, Fairfax. Business Expansion & Products Forex Portfolio: Thomas Cook India recently added 16 new currencies to its prepaid forex card portfolio, bringing the total to 28. This move targets the increasing demand for emerging global travel destinations. Visa Rejection Cover: In a partnership with SOTC Travel and underwritten by ICICI Lombard, the company launched an industry-first Visa Rejection Cover. This product indemnifies travelers for non-refundable costs like flights and accommodation in case of visa rejection. Acquisition: The group completed the acquisition of Indian Horizon Marketing Services Limited, a firm focused on travel-related services and the development of a Travel AI platform. Operational & Leadership Updates Leadership Transition: On April 1, 2026, Ms. Deepti Sheth officially took over as President and Group Head – Human Resources, succeeding Mrs. Mona Cheriyan. Additionally, Deepesh Varma was appointed as the Chief Business Officer for the Foreign Exchange division. Legal & Tax Matters: The company recently resolved a pending income tax dispute involving a demand of ₹159.5 million for assessment year 2018-19. Management confirmed this resolution has no material financial impact on current operations.