Investor Presentation

Thomas Cook India delivered a resilient performance in Q2 & H1 FY26. Revenue from operations grew 9% YoY in H1 to **Rs 4,481.8 Cr** and 3% YoY in Q2 to **Rs 2,073.8 Cr**, despite global geopolitical challenges and domestic weather disruptions.

PBT remained stable for both periods, reflecting the Group's solid financial position.

The company is driving growth through digital initiatives, including the **TC Pay app** for forex and AI-powered platforms for corporate travel.

Expansion is a key focus, with **Sterling Holidays opening 7 new resorts** in Q2, contributing to a total portfolio of 69 resorts.

Recent notable developments include a groundbreaking partnership with **Blinkit for instant forex card delivery** and the restart of the **Kailash Mansarovar Yatra**. Cash & bank balances stand strong at **Rs 2,386.1 Cr**. Financial Services continues to show strength with healthy 49% EBIT margins and retail forex sales up 9% in H1. Management anticipates a stronger H2, driven by reduced weather impacts, increased auspicious dates for travel, and government initiatives expected to boost discretionary spending.