Thomas Cook (India) Limited has announced an investor presentation and earnings conference call scheduled for February 6, 2026, to discuss its Q3 and nine-month FY26 financial and business performance. The announcement comes following the company's mixed quarterly results, which showed a standalone net loss offset by strong nine-month growth.

Quarterly Performance Overview

The company reported a standalone net loss of ₹21.4 million for Q3 FY26, marking a significant decline from the net profit of ₹106.5 million recorded in Q3 FY25. This quarterly loss was primarily attributed to exceptional items worth ₹174.8 million related to the implementation of new labour codes by the Government of India.

Consolidated Performance Highlights

On a consolidated basis, Thomas Cook India demonstrated better performance with consolidated revenue increasing to ₹21,457 million in Q3 FY26 from ₹20,610 million in Q3 FY25, representing a 4% year-over-year growth. The consolidated net profit was ₹455 million compared to ₹473 million in the previous year.

Nine-Month Performance Strength

Despite the quarterly setback, Thomas Cook India demonstrated robust performance over the nine-month period. The company achieved a net profit of ₹1,003.9 million for the nine months ended December 31, 2025, representing a 10.18% increase from ₹911.1 million in the corresponding period of the previous year.

Earnings Call and Investor Presentation

The company has filed the investor presentation with BSE Limited and National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The presentation covers the company's financial and business performance across its diversified portfolio including Travel & Related Services, Financial Services, Leisure Hospitality & Resorts, and Digital Imaging Solutions.

Management Commentary

Commenting on the results, Mahesh Iyer, Managing Director & CEO, highlighted the company's "commendable all-round performance with a PBT growth of 20% in Q3, after excluding a one-time impact of ₹301 million arising due to increased provisions based on the new Labour Code." He also welcomed the Union Budget announcement reducing TCS on overseas tour packages to a simplified flat rate of 2% from earlier rates of 5% and 20%.

Exceptional Items Impact

The company's quarterly performance was significantly affected by exceptional items totaling ₹174.8 million, primarily related to the implementation of new labour codes. The Government of India consolidated 29 existing labour regulations into four Labour codes effective November 21, 2025, resulting in incremental employee benefit liabilities.

Thomas Cook India has released its Q3 consolidated financial results, presenting a mixed performance picture with improved operational profitability offset by exceptional items. The travel and tourism services company showed strong growth in profit before exceptional items while facing margin compression in EBITDA performance.

Financial Performance Overview

The company's Q3 consolidated results demonstrate improved operational performance in certain metrics, with profit before exceptional items showing substantial year-over-year growth, though EBITDA performance showed a slight decline during the quarter.

EBITDA Performance Under Pressure

Thomas Cook India's EBITDA declined to ₹1.14 billion in Q3 compared to ₹1.16 billion in the corresponding quarter last year, representing a decrease of 1.72%. The EBITDA margin compressed to 5.33% from 5.61% year-over-year, indicating pressure on operational efficiency despite revenue growth.

Strong Operational Performance

Despite EBITDA challenges, the company's profit before exceptional items surged to ₹897.00 million in Q3 compared to ₹749.00 million in the corresponding quarter last year, marking robust growth of 19.76%. This improvement indicates stronger underlying business performance in core operations.

Exceptional Items Impact Results

The company reported an exceptional item of ₹300.00 million during the quarter, which significantly impacted the overall financial performance. This exceptional charge affected the translation of improved operational performance to bottom-line results, contributing to the net profit decline.

Revenue Growth Momentum

The company maintained positive revenue trajectory, with total revenue reaching ₹21.50 billion in Q3 compared to ₹20.61 billion in the previous year's corresponding quarter. This growth of 4.32% reflects the company's continued ability to expand market presence in the recovering travel sector, though margin pressures remain a concern.