TFS increases its footprint through a new contract win at Cochin International Airport

Travel Food Services Limited (TFS), is pleased to announce that Cochin International Airport Limited (CIAL) has awarded TFS the license for setting up, operating, maintenance and management of the F&B outlets, Lounge and Bar in the Security Hold Area (SHA) at Domestic terminal (T1) of Cochin International Airport. Under the tender, TFS will be the concessionaire for the Domestic terminal (T1) and will operate about 11 Travel QSR Outlets and 1 Lounge at the airport.

Cochin International Airport is the 8th busiest airport in India and has handled more than 11 million passengers in FY2024-25. There are 27 airline companies which operate from CIAL, facilitating direct connectivity to multiple destinations. It is the first airport in the world to be powered entirely by solar energy, achieving complete power neutrality. TFS is honoured to be selected as a F&B and lounge concessionaire for one of the world's leading airports on sustainability.

Commenting on the development, Mr. Varun Kapur, Managing Director and CEO, Travel Food Services Limited, said: 'We are proud to have been awarded the concession to operate the Travel QSRs and Lounge at the Cochin Airport's Domestic terminal (T1), which is one of the busiest airports in India with strong growth potential. TFS now increases its presence to 14 of the 15 largest airports in India and this win reflects the strength of the TFS franchise and technical expertise. TFS plans to bring an exciting mix of brands to the Cochin Airport and look forward to creating a delightful travel experience for passengers.'

Shares of Travel Food Services Limited was last trading in BSE at Rs. 1262.10 as compared to the previous close of Rs. 1281.00. The total number of shares traded during the day was 15977 in over 1509 trades.

The stock hit an intraday high of Rs. 1297.00 and intraday low of 1245.00. The net turnover during the day was Rs. 20198087.00.

Source : Equity Bulls

Keywords

TravelFoodServices INE103V01028 Restaurants CochinInternationalAirport FandBOutlets DomesticTerminal