Cox & Kings Ltd.

NSE: COX&KINGS | BSE: 533144 | ISIN: INE008I01026 | Industry: Travel Support Services
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Cox & Kings Ltd.
Cox & Kings Ltd.
16 Aug 2017
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Cox and Kings' results were above our estimates. While revenues were below our estimate due to currency weakness, EBITDA and PAT were above our estimate. Revenues increased 0.5% YoY to | 705.6 crore (below I-direct estimate of | 781.2 crore) Segment wise, Leisure India and Meininger reported revenue growth of 12.5% YoY and 16.2% YoY but education and leisure international declined 13.7% YoY and 20.9% YoY, respectively...
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