Consolidated revenue from operations grew 3% despite COVID: Thomas Cook

In the financial results announced for the year ending March 31, 2020, Thomas Cook (India) has revealed that despite witnessing the growing impact of COVID-19 across its global network as early as January 2020, its consolidated revenue from operations grew three per cent from Rs66 billion to Rs68.3 billion. The tour operator has now implemented a comprehensive ‘Reimagine Program’ across businesses and processes to adapt to the COVID-19 era of travel. The group witnessed the growing impact of COVID-19 in January 2020 for the Hong Kong business, February for Thomas Cook and SOTC, and in March for the inbound business in TCI.