Intentar ORO - Gratis

Travel demand unabated despite weak rupee

Financial Express Delhi

February 08, 2025

The fall in the rupee against the dollar has had a negligible impact on demand as customers are still lining up to book holidays to travel abroad. Mahesh Iyer, MD & CEO, Thomas Cook, talks to Swaraj Baggonkar about the business outlook for Q4 and gains from the ongoing Kumbh Mela.

- Swaraj Baggonkar

What led to the 40% drop in net profit in the December quarter?

Our income from operations has grown by 7% year-on-year. In Q3FY24, there was a large business that had flowed in of ₹93 crore comprising G20, Khelo India and National Games. There was no such business in Q3FY25. The bottom line impact of ₹93 crore in Q3FY24 was ₹6 crore. The other factor is the volatility in currency.

What were the other factors?

Esta historia es de la edición February 08, 2025 de Financial Express Delhi.

Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.

¿Ya eres suscriptor? Iniciar sesión

MÁS HISTORIAS DE Financial Express Delhi

Ver todo

Financial Express Delhi

LIVE SCREENINGS DRAW ADVANCE RESERVATIONS, WALK-INS India, New Zealand pad up; bars brace for Super Sunday

WITH INDIA HEADING into the ICC Men’s T20 World Cup final, bars and restaurants across the country are bracing for one of their busiest weekends of the year.

3 mins

March 07, 2026

Financial Express Delhi

Govt asks refiners to maximise LPG output

THE ESCALATING WAR in West Asia and the resulting threat to energy shipments from the Gulf have prompted the Centre to ask all public and private refineries to step up production of cooking gas by diverting feedstock away from nonessential products such as petrochemicals.

1 mins

March 07, 2026

Financial Express Delhi

Hotel tariffs, airfares soar in Ahmedabad

HOTELTARIFFS IN Ahmedabad and airfares of incoming flights to the Heritage City have seen a massive surge after India entered the final of the ongoing T20 World Cup on Thursday night, defeating England by seven runs in Mumbai.

2 mins

March 07, 2026

Financial Express Delhi

₹2-lakh farm loan waived in Maharashtra budget

THE MAHARASHTRA GOVERNMENT on Friday announced a farm loan waiver of up to ₹2 lakh in the 2026-27 budget, which also focuses on river-linking projects, women empowerment, youth development, health, startups and strengthening social welfare schemes.

2 mins

March 07, 2026

Financial Express Delhi

Axel Springer to buy UK’s Telegraph for £500 mn

MATHIAS DOPFNER, THE billionaire chief executive officer of Germany’s Axel Springer SE, has struck a deal to acquire The Telegraph, pushing into the UK market by buying one of the country’s oldest newspapers.

1 min

March 07, 2026

Financial Express Delhi

Women borrowers reach 89 mn, outpacing men

WOMEN ARE EMERGING as one of the fastest-growing borrower segments in India’s credit market, with their numbers rising significantly faster than those of men

1 min

March 07, 2026

Financial Express Delhi

Margin reality hits AI coding startups after funding rush

HIGH MODEL COSTS WEIGH ON PROFITABILITY OF ‘VIBE CODING’ FIRMS

2 mins

March 07, 2026

Financial Express Delhi

Indian women at work: Broken rungs & glass cliffs

THIS YEAR, AS International Women’s Day approaches, I am bombarded with the usual array of celebratory discounts, optimistic story ideas, and statistics suggesting things might just be looking up for female professionals.

2 mins

March 07, 2026

Financial Express Delhi

Enough fertiliser stock to meet kharif season demand: Govt

36.5% higher at 17.73 million tonne (MT) than a year ago, according to a statement

1 min

March 07, 2026

Financial Express Delhi

Discount deals on Dubai gold as widening war chokes trade routes

GOLD IS BEING offered at a steep discount in Dubai, as the war in the Middle East grounds flights and hampers suppliers’ ability to move bullion out of the key trading hub.

2 mins

March 07, 2026