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.