INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Reports of a block deal rubbed off on Thomas Cook stock today, which jumped 4 per cent.
The block deal involved 0.6 per cent of
shares changing hands, according to the reports
At
09:54 am, the stock was up 3.86 per cent at Rs 249 on the BSE
The travel services firm posted a consolidated net profit of Rs 69.69 crore for the June quarter.
The figure was Rs 80.77 crore in the same
period a year ago.
Total income from operations stood at Rs 2,100.41 crore for the quarter under consideration against Rs 2,894.42 crore in
the year-earlier period.
Thomas Cook India Group Chairman and MD Madhavan Menon said: "This has been a strong quarter across business
lines."
The focus was on business enablement for growth and three primary areas -- shared services consolidation across businesses for
process efficiency, technology and automation for scale and productivity and analytics to drive marketing effectiveness -- he added.
At
09:59 am, the stock was at Rs 247 on the BSE, up 3 per cent
