Thomas Cook (India) has informed that it enclosed the Press Release of Sterling Holiday Resorts, wholly owned subsidiary of Thomas Cook (India) (TCIL) dated August 2, 2024 titled, ‘Sterling Holiday Resorts records its highest ever Q1 revenue at Rs 126 cr’ • EBITDA margin at 34% in line with the industry benchmarks • Revenue growth of 9.2% y-o-y • Guest ratio up from 66% to 69% y-o-y • Crosses the milestone of 50 resorts, opened 8 new resorts since Q1 FY24 • Food & Beverage (F&B) revenues up 6% y-o-y • The company continues to remain debt free with healthy cash reserves of over Rs 200 Cr.
The above information is a part of company’s filings submitted to BSE.
