Thomas Cook (India) reported a 27 per cent drop in its net profits for the quarter ended December 31, 2013. The company recorded a net profit of Rs. 2.24 crore on a total income of Rs. 84 crore against Rs. a net profit of Rs. 3.08 crore on a total income of Rs. 81.69 crore.
For the full year, Thomas Cook (India) Ltd declared a 36 per cent growth in net profit at Rs. 68.7 crore (Rs 50.4 crore) boosted by a 200 per cent increase in income from operations, which rose from Rs. 430 crore to Rs. 1,296 crore for the year ended Dec 31, 2013.
The board has recommended a dividend of 37.5 per cent.
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