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Cox&Kings Q1 net up 52 pc at Rs 38 cr


Tour and travel operator Cox & Kings today reported 52 per cent growth in its net profit at Rs 38 crore for the first quarter ended June 30, over the same period last fiscal.


Cox & Kings net profit stood at Rs 25 crore in the first quarter of FY11, the tour and travel company said in a statement here.

The consolidated income from operations for the first quarter registered a growth of 28 per cent at Rs 157 crore, compared to Rs 123 crore posted in the corresponding period of the last fiscal.

"We continue to grow at a robust pace and we believe that all our offices have played a role in generating demand and tapping new markets to drive this growth," Cox & Kings Director, Peter Kerkar, said.
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