https://www.taxtmi.com/news?id=50760 Equity accounting for an associated company, adopted from December 2024 after integration, produced a share of losses that materially reduced the Group's net profit; lower interest income from reduced cash balances and rate cuts further diminished profit, despite modest revenue growth. The Group noted healthy travel demand but a volatile industry environment and operational headwinds affecting the associated company that contributed to consolidated losses. en-us Mon, 28 Jul 2025 18:16:03 +0530 Mon, 28 Jul 2025 18:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=50760 Equity accounting for an associated company, adopted from December 2024 after integration, produced a share of losses that materially reduced the Group's net profit; lower interest income from reduced cash balances and rate cuts further diminished profit, despite modest revenue growth. The Group noted healthy travel demand but a volatile industry environment and operational headwinds affecting the associated company that contributed to consolidated losses. News - Mon, 28 Jul 2025 18:16:03 +0530 https://www.taxtmi.com/news?id=50760