Log in Register

Login to your account

Don't have an account yet? Register now!
Username *
Password *
Remember Me

Create an account

Fields marked with an asterisk (*) are required.
Name *
Username *
Password *
Verify password *
Email *
Verify email *

Cox & Kings Q4 net profit at Rs 1,388.84 cr

  • 31 May 2019

Travel conglomerate Cox & Kings has registered a consolidated net profit of Rs 1,388.84 crore for the quarter ended March 31, 2019. The Group had posted a net loss after taxes and share of profit/loss of associates of Rs 53.36 crore for the corresponding period of the previous fiscal. Its board has recommended a dividend of Re 1 per share for the financial year 2018-19.  

Meanwhile, consolidated total income from operations of the company stood at Rs 1,262.89 crore for the quarter ended March 31, 2019 compared to Rs 1,214.04 crore for the corresponding quarter last fiscal.

"Our focus on the right segment in each business has led to profitable growth during the quarter and we plan to sharpen our focus further to improve future quality of earnings. In FY20, Meininger is set for continued strong growth with better margins while we aim to increase market share in the B2C travel segment in India," Cox and Kings Group CEO Peter Kerkar said in a statement.

For the fiscal year ended March this year, the company's net profit was at Rs 1,689.65 crore as against Rs 429.67 crore for the previous fiscal year. Its total income from operations stood at Rs 5,785.98 crore for the fiscal year ended March 2019. It was Rs 5,034.37 crore for the year ago fiscal year.

During Fy18/19, Cox&Kings launched 21 franchise stores in Dungarpur, Tirupur,  Kolkata- Dunlopmor, Greater Noida, Aurangabad- CIDCO, Amravati, Phagwara, Rajahmundry, Chinchwad, Cuttack, Guwahati- G S Road, Ratnagiri, Porvorim, Kolkata- New Town, Thrissur, Delhi- Patel Nagar, Delhi- GK-II, Mehsana, Hadapsar, Uttarpara, and Dwarka. It also launched a new Holiday Club outlet in Dwarka (New Delhi).

Login to post comments

 

.

UBM Travel Portfolio

  • slider-logo1.png
  • slider-logo2.png
  • slider-logo4.png
  • slider-logo3.png

  1. Events
  2. Webinars

World Routes 2019

From: 21 Sep 2019 To: 24 Sep 2019

WTM London

From: 04 Nov 2019 To: 06 Nov 2019

PATA Travel Mart

From: 18 Sep 2019 To: 20 Sep 2019

ITE HCMC

From: 05 Sep 2019 To: 07 Sep 2019

ITB Asia

From: 16 Oct 2019 To: 18 Oct 2019
  • Yas Island : A Holiday Destination Like No Other
    Date : 24th January 2019
     
  • Experience Macao- Magical Blend of Traditions, Festivals & Culture
    Date : 11th December 2018
     
Webinar Archives
  1. Appointment