India, June 25 -- Thomas Cook (India) Ltd announced on Wednesday that CRISIL has upgraded its long-term and corporate credit rating outlook from 'Positive' to 'Stable'.
The company's short-term rating has been reaffirmed at CRISIL A1+, the omnichannel travel services provider said in a statement.
The upgrade follows a robust financial performance by the Thomas Cook India Group, which reported a 11% year-on-year revenue growth, reaching Rs 8,251 crore in FY25, up from Rs 7,405 crore in FY24, driven by strong demand across its business segments.
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