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CRISIL upgrades Thomas Cook India Group’s ratings to CRISIL AA/Stable/CRISIL A1+
Highest rating for a travel & tourism company in India Mumbai, June, 2025: CRISIL has upgraded the long-term rating and corporate credit rating (CCR) of Thomas Cook (India) Limited (TCIL) to ‘CRISIL AA/Stable’ from ‘CRISIL AA-/Positive’. The short-term rating has been reaffirmed at ‘CRISIL A1+’. The Thomas Cook India Group reported a healthy 11% revenue growth y-o-y to ₹8,251 crore in FY25 (from ₹7,405 crore in FY24), driven by strong demand across business lines. The…
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