Mukul Agarwal held multibagger stock: Company posted double digit profit from loss, operating profit surged by 245 per cent

The shares of the company soared by 15 per cent in today's trading session and are currently available at only Rs 105 each on the BSE

Thomas Cook Limited, an integrated travel company, recently announced its June quarter results. According to the earnings report, the company experienced a significant 95 per cent YoY rise in its consolidated revenue in Q1 FY24, reaching Rs 1899 crore compared to Rs 976 crore in the same period of the previous year.

During the quarter, the company's operating profit showed a remarkable 245 per cent YoY growth, amounting to Rs 124 crore, compared to Rs 36 crore in the previous year. Furthermore, the operating profit margin improved from 4 per cent to 7 per cent.

The company's net profit for the quarter stood at 141 crores, compared to a loss of Rs 6 crores recorded in the corresponding period of the previous year. The net profit margin stood at 4 per cent.

Analyzing the stock performance over the last week, it has generated an impressive return of 24 per cent, with a multibagger return of 240 per cent over the last three years. The total market capitalization of the company is Rs 4931 crore, and its 52-week highs and lows are Rs 116.55 and Rs 52.45, respectively.

Thomas Cook (India) Limited is an integrated travel services company based in India. The company provides a diverse range of services, encompassing foreign exchange, corporate travel, leisure travel, mice, value-added services, e-business, as well as visa and passport services. It operates through two distinct segments: Financial Services and Travel with associated services.

Also, check this article: Tata Power signed MoU with Maharashtra Government

Disclaimer: This article is for informational purposes only and not investment advice.