Travel Support Services company Thomas Cook (India) announced Q3FY25 results Financial services increased income from operations by 16% with EBIT margin expanding 592 bps to 39%. Increase driven by 18% growth in Retail turnover led by Education and Holidays segments growing by 10% and 15% respectively Travel and related services Income from operations increased 11% with a strong contribution from B2C holidays (up 29% YoY), India DMS (up 19% YoY), international DMS (up 18% YoY) and corporate Travel (up 17% YoY) Adjusting for income from operations from the Nationals games of Rs 935 million in Q3FY24, the Travel segment growth (on a like to like basis) stands at 19% EBIT in the Travel segment for the quarter was lower due to the absence of contribution of National Games in Q3FY24 and impact of heightened currency volatility in overseas DMS segment especially Asian Trails. Leisure hospitality (Sterling Holiday Resorts) topline increase 12% with an improvement in EBIT margins to 31%. Increase in occupancy to 61% on an expanded resort network of 57 resorts and 3118 rooms has driven overall performance. Digital Imaging Solutions (DEI) results were influenced by multiple factors such as lower footfalls due to geopolitical tensions in the region, the one-time government subsidy received in Q3FY24 and overlapping technology costs during WeC platform implementation. These collectively muted topline and EBIT performance. Strong financial health: The Company reported cash and bank balances of Rs 20,210 million as of December 2024 and a debt-to-equity ratio of 0.12 Madhavan Menon - Executive Chairman, Thomas Cook (India), said "Thomas Cook (India) Ltd. has delivered stable performance for 9MFY25, driven by steady growth across financial services, travel, and leisure hospitality. Despite escalated geopolitical tensions and abnormal currency volatility during the quarter impacting international DMS operations, we maintained our margins, reflecting our focus on effective cost management and sustainable growth across our lines of business. We have a robust forward demand funnel and are looking forward to end FY25 on a strong note." Result PDF