Thomas Cook (India)500413Quarterly results

Board approved unaudited results for quarter and half year ended September 30, 2026; Q2 net profit Rs. 451.0 million

Thomas Cook (India)'s board met on Nov 2, 2026 and approved unaudited standalone and consolidated results for the quarter and half year ended Sep 30, 2026.

By ScoutQuest · Mon 2 Nov 2026, 6:03 PM IST · 2 min read

₹451.0 Mn-4%

2025₹469.9 Mn2026₹451.0 Mn

Sep ) standalone net profit, Rs. in millions: ₹469.9 Mn (2025) and ₹451.0 Mn (2026).

Q2 standalone revenue from operations: Rs. 5,481.1 million vs Rs. 5,867.8 million a year earlier
Q2 standalone net profit: Rs. 451.0 million vs Rs. 469.9 million
Half year revenue and net profit: Revenue Rs. 13,756.8 million; net profit Rs. 1,038.2 million

What was approved

The board of Thomas Cook (India) met on November 2, 2026 and considered and approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The figures below are from the standalone statement.

Quarter ended September 30, 2026

Revenue from operations: Rs. 5,481.1 million, against Rs. 5,867.8 million in the quarter ended September 30, 2025.
Net profit: Rs. 451.0 million, against Rs. 469.9 million a year earlier.
The year-earlier quarter carried an exceptional gain of Rs. 256.5 million (net of tax Rs. 177.4 million) from the sale of the company's immovable property at Udyog Vihar Phase III, Gurugram, so the two quarters are not like-for-like at the net profit line.

Half year ended September 30, 2026

Revenue from operations: Rs. 13,756.8 million.
Net profit: Rs. 1,038.2 million.

Composite scheme of arrangement in the notes

The notes describe the composite scheme of arrangement and amalgamation approved by the board at its meeting on 20 March 2026, involving TCIL, Sterling Holiday Resorts Limited (SHRL), TC Visa Services (India) Limited, Jardin Travel Solution Limited and Borderless Travel Services Limited. Its stated parts:

Demerger of the resorts and resort management business of TCIL into SHRL; shareholders of TCIL will receive 81 shares of SHRL for every 100 shares held in TCIL.
A consolidation of TCIL's equity shares, merging existing shares into shares of a higher face value.
Amalgamation of the three subsidiaries with TCIL.

Other notes attached to the results

An ex-gratia payment to the erstwhile Chairman, recognised in the year ended March 31, 2026 under employee benefits expense.
A past service cost recognised under the new labour codes, disclosed as an exceptional item for the year ended March 31, 2026.

What this means for a retail reader

This is the company's quarterly results disclosure, carrying both standalone and consolidated numbers for the three and six month periods.
On the standalone statement, the September quarter was lower than the same quarter a year earlier at the revenue line and at the net profit line, while the six-month net profit was Rs. 1,038.2 million.
The structural item to note is the scheme described in the notes: it separates the resorts business into SHRL, gives TCIL shareholders a direct holding in SHRL in the stated ratio, and merges the three subsidiaries into TCIL along with a share consolidation.
The company stated it would publish the unaudited consolidated financial results for the quarter ended September 30, 2026 in newspapers.

Point to keep in mind

A one-time property sale gain lifted the year-earlier quarter's profit, which is why the comparison between the two September quarters needs that context rather than the headline net profit alone.

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