Cox & Kings Limited Announces Unaudited Standalone and Consolidated Earnings Results for Second Quarter and Half Year Ended September 30, 2018
November 15, 2018 at 05:47 am EST
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Cox & Kings Limited announced unaudited standalone and consolidated earnings results for second quarter and half year ended September 30, 2018. For the quarter, the company reported standalone revenues from operations were INR 6,434.7 million against INR 5,585.3 million a year ago. Total income from operations was INR 6,761.0 million against INR 5,884.3 million a year ago. Profit for the period (before tax, exceptional items) was INR 655.2 million against INR 703.4 million a year ago. Profit for the period before tax (after exceptional items) was INR 655.2 million against INR 703.4 million a year ago. Profit for the period after tax (after exceptional items) was INR 402.7 million against INR 442.8 million a year ago. Basic and diluted per share was INR 2.28 against INR 2.51 a year ago.
For the six months, the company reported standalone revenues from operations were INR 16,059.2 million against INR 14,486.5 million a year ago. Total income from operations was INR 16,839.7 million against INR 15,132.0 million a year ago. Profit for the period (before tax, exceptional items) was INR 1,890.2 million against INR 2,004.9 million a year ago. Profit for the period before tax (after exceptional items) was INR 1,890.2 million against INR 2,004.9 million a year ago. Profit for the period after tax (after exceptional items) was INR 1,222.2 million against INR 1,270.8 million a year ago. Basic and diluted per share was INR 6.92 against INR 7.20 a year ago.
For the quarter, the company reported consolidated income from operations were INR 18,644.6 million against INR 15,621.7 million a year ago. Total income from operations was INR 18,900.7 million against INR 15,808.6 million a year ago. Profit for the period (before tax, exceptional items) was INR 2,181.1 million against INR 2,656.5 million a year ago. Profit for the period before tax (after exceptional items) were INR 1,920.5 million against INR 2,635.3 million a year ago. Net profit for the period attributable to owners of the company was INR 811.5 million against INR 1,638.3 million a year ago. Basic and diluted per share was INR 4.60 against INR 9.28 a year ago.
For the six months, the company reported consolidated income from operations were INR 40,085.3 million against INR 34,427.9 million a year ago. Total income from operations was INR 40,644.7 million against INR 34,809.1 million a year ago. Profit for the period (before tax, exceptional items) was INR 4,349.6 million against INR 5,714.1 million a year ago. Profit for the period before tax (after exceptional items) were INR 4,037.1 million against INR 5,575.0 million a year ago. Net profit for the period attributable to owners of the company was INR 1,384.6 million against INR 2,961.9 million a year ago. Basic and diluted per share was INR 7.84 against INR 16.78 a year ago.
Cox & Kings Limited is an India-based travel company. The Company is predominantly engaged in business of tours and travels under leisure segment. The Company operates as a brand in all travel related services, such as destination management, outbound tourism, business travel, incentive and conference solutions, domestic holidays and trade fairs in the Indian subcontinent. The Company offers various principal services, which include destination management, outbound tourism, business travel, incentive and conference solutions, domestic holidays, nonresident Indians (NRIs), trade fairs, foreign exchange and insurance. The Company's offering includes holidays, flights/hotels/cars, business travel services and meetings, incentives, conferences and exhibitions (MICE), and travel services.