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Cox & Kings Q1 Net Dips 5 Per Cent to Rs 128 Crore

New Delhi: Tours and travel firm Cox & Kings on Thursday reported a 4.95 per cent dip in consolidated net profit at Rs 128.09 crore for the quarter ended June 2014.

The company had posted a net profit of Rs 134.77 crore for the corresponding period a year ago, it said in a filing to the BSE.

Consolidated net sales of the company, however, rose to Rs 738.72 crore for the quarter under consideration as against Rs 586.18 crore a year ago.

"Given the seasonal nature of the business of the company, the results of any quarter may not be a true and/or proportionate reflection of the annual performance of the company," Cox & Kings said.

Shares in Cox & Kings, on Thursday, ended at Rs 265.40 apiece on the BSE, up 0.68 per cent from the previous close.