Q3FY17 Results : Cox & Kings Ltd.
Bhagyashree Vivarekar / 14 Feb 2017
The company reported PAT of Rs 25.71 crore, which represents a sequential QoQ decline of 69.4 per cent and a YoY increase of 62.72 per cent.
Cox & Kings Ltd. reported its results for the quarter ended December 31, 2016.
The company reported total sales of Rs 1373.89 crore for Q3FY17, which represents a 46.44 per cent sequential decline and 20.13 per cent YoY decline.
Its operating profit (EBIT) for the quarter was Rs 73.14 crore and its EBIT margin stood at 5.32 per cent.
The company reported PAT of Rs 25.71 crore, which represents a sequential QoQ decline of 69.4 per cent and a YoY increase of 62.72 per cent.
The company's stock opened at Rs. 200.5 on the BSE and fell 1.75 per cent to close at Rs 197.
Cox & Kings is an India-based travel & tour company. The company operates in only one business segment i.e tours & travel. The principal services offered by the company are destination management, outbound tourism, business travel, Incentive and conference solutions, domestic holidays, NRI, trade fairs, foreign exchange and insurance.
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