• Rockingdeals Circular Economy’s Revenue more than doubles on strong momentum in its retail and distribution in H1FY26
  • Through Sustainquest, Rockingdeals has been strengthening its position as a pioneer in sustainable retail
  • Rocking Deals to oversee Amazon’s (UAE) near-expiry inventory, enhancing sustainability and supply-chain efficiency

Mumbai, 12 November 2025, Wednesday: Rockingdeals Circular Economy Limited (NSE: ROCKINGDCE), India’s leading B2B re-commerce company specialising in excess inventory management, sustainable procurement and circular economy solutions, has reported exceptional financial performance for the half year ended September 30, 2025. The Company posted a consolidated revenue of ₹5,504.56 lakh, registering a robust 157% year-on-year increase, while Profit After Tax (PAT) rose 57% YoY to ₹503.91 lakh,  showcasing continued growth in both revenue and profitability driven by its expanding sustainable retail model and operational efficiency. With a PAT margin of 9.16%, the company continues to demonstrate disciplined financial management and sustainable growth trajectory within India’s evolving circular economy landscape.

The growth reflects heightened demand for open-box, excess, and refurbished inventory, supported by expanding franchise operations, improved sourcing efficiencies, and enhanced cost optimisation across the value chain. Despite ongoing macroeconomic headwinds and supply chain fluctuations, Rockingdeals’ operating model has sustained its momentum—highlighting the company’s resilience and its growing relevance in India’s re-commerce landscape.

A key driver of this momentum is Rockingdeals’ strategic foray into Quick Commerce (Q-Commerce) through its subsidiary Sustainquest Private Limited (SQPL). With a focus on the wholesale and distribution of branded goods, Sustainquest is leveraging technology to accelerate last-mile fulfilment, improve accessibility, and deliver value-driven solutions to consumers across India and abroad. Its entry into this fast-evolving segment strengthens Rockingdeals’ commitment to extending product lifecycles, reducing waste, and making reuse mainstream—reinforcing its position as a pioneer in sustainable retail.

This entry strengthens RDCEL’s commitment to sustainability and its mission of extending product lifecycles through responsible consumption and re-use.  By diversifying into Quick Commerce, Rockingdeals Circular Economy Limited has been strengthening its position as a pioneer in sustainable retail — advancing affordability, accessibility, and environmental responsibility through innovation.

In line with its broader mission of waste reduction and value recovery, Rocking Deals General Trading LLC, a leading liquidation and sustainable commerce company based in Dubai, has signed a strategic agreement with Amazon to save millions of dollars in near-expiry inventory. Under this partnership, Rockingdeals will manage and repurpose products with less than 30% shelf life remaining, ensuring efficient redistribution to vendors, customers, and restaurants capable of consuming them before expiration. This initiative supports both companies’ sustainability goals and significantly reduces wastage across the supply chain.

By leveraging Rockingdeals’ established secondary market network and operational expertise, Amazon will be able to ensure responsible inventory management and recover value from products that would otherwise go unsold.

Aman Preet, Chief Financial Officer, Rockingdeals Circular Economy Limited said, “The first half of FY2025-26 has been a period of growth for Rockingdeals Circular Economy. Our strategy of promoting sustainable consumption and driving re-commerce at scale is showing consistent results. We continue to optimize operations, strengthen our retail footprint, and invest in technology to make circular economy products mainstream in India. With increasing consumer awareness about sustainability, our model of giving products a second life, whether refurbished, returned, or excess inventory, positions Rockingdeals as a key player in India’s transition toward a greener, more circular economy.

As we expand our presence in quick commerce and re-commerce channels, we are committed to building a scalable and sustainable operating model that drives consistent value creation for all stakeholders.”

About Rockingdeals Circular Economy Limited (RDCEL)

Rockingdeals Circular Economy Limited (RDCEL) is India’s leading B2B re-commerce company, now strategically expanding into high-speed Quick Commerce through its subsidiary Sustainquest Private Limited (SQPL). Listed on NSE Emerge, RDCEL operates a trading-led model that extends product lifecycles by sourcing surplus, open-box, and refurbished goods directly from manufacturers and distributors. The company is committed to sustainability, affordability, and innovation in value delivery — building resilient re-commerce and Q-Commerce ecosystems for India and beyond.

Mumbai (Maharashtra) [India], September 27: In a pioneering initiative, Thomas Cook (India) Limited, India’s leading omnichannel forex services company, has announced a first-mover initiative in India’s foreign exchange sector, introducing forex retail as a dedicated service on Blinkit, a quick commerce company. This innovative collaboration empowers travellers with swift, convenient access to foreign exchange services – with doorstep delivery of Thomas Cook forex cards in minutes. The initiative extends across Thomas Cook’s Borderless Travel Card (for leisure travellers) and Study Buddy (for students). This new category is currently available in three major metros: Delhi, Bengaluru and Mumbai, in a phased-wise roll-out planned to extend to key source markets in India.

This strategic partnership reflects Thomas Cook India’s response to a clear market shift: Indian consumers increasingly expect speed, convenience and digital-first experiences–even in traditionally complex categories like foreign exchange. Quick commerce has emerged as one of the fastest-growing retail channels in the country. A recent study reiterates the exponential growth curve surging from $300 million in 2022 to $7.1 billion in FY25–a staggering 24-fold increase in just three years–and projected at $35 billion by 2030. Thomas Cook India’s move to integrate its foreign exchange expertise with Blinkit’s rapid delivery model reflects its quick pivot to leverage this growing opportunity and bring agility and ease of access to a category seen as complex and time-consuming.

Thomas Cook India has become the first forex service provider in the country to leverage Blinkit’s rapid last-mile delivery of blank forex cards within minutes. Post-delivery, the processes, including Video-KYC and card loading with statutory compliances, are seamlessly handled by Thomas Cook India’s dedicated Forex team. This streamlined, end-to-end solution enables customers to be fully travel-ready within an hour–all from the comfort and convenience of their homes. Each forex card is accompanied by clear activation instructions, a dedicated helpline and exclusive access to a secure customer portal, ensuring a smooth, secure and hassle-free experience throughout the travel journey.

Get your Thomas Cook Forex Card on Blinkit – in just 3 simple steps

  • Place your order on Blinkit and receive your Borderless Travel/ StudyBuddy Forex Card at your doorstep in minutes
  • Share your KYC documents and complete payment through an exclusive & secure Thomas Cook India link
  • Finish your V-KYC process with Thomas Cook and have your forex card instantly loaded for seamless transactions

Mr. Deepesh Varma, Executive Vice President – Foreign Exchange, Thomas Cook (India) Limited said, “As India’s leading omnichannel forex services company, our constant focus is on anticipating evolving consumer behaviour and driving industry-first solutions that deliver true value. Quick commerce is reshaping customer expectations across categories, and we saw a clear opportunity to integrate this into foreign exchange, which has become essential for international travel.

By offering our blank forex cards via Blinkit, our trusted distribution partner, we are not only enhancing convenience but also redefining travel readiness — enabling customers to be fully equipped within minutes, right at their doorstep. Our dedicated forex team will manage the compliance and processing requirements as per statutory guidelines, completing the entire process within an hour – a real game-changer for last-minute forex needs.

Additionally, this aligns perfectly with the festival travel season, fulfilling foreign exchange needs for leisure and student travellers. It also complements our Ghar Pe Forex initiative and recent digital innovations on WhatsApp, Google Pay and TC Pay. Each initiative reinforces our India Ka Forex Specialist positioning, serving today’s digital-first customers and reimagining accessibility with speed, security and trust.”

About Thomas Cook (India) Limited:

Set up in 1881, Thomas Cook (India) Limited (TCIL) is the leading omnichannel travel company in the country offering a broad spectrum of services including Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Value Added Services, and Visa Services. It operates leading B2C and B2B brands including Thomas Cook, SOTC, TCI, SITA, Asian Trails, Allied TPro, Australian Tours Management, Desert Adventures, Travel Circle International Limited (TCI Sheng Jing You ), Sterling Holiday Resorts Limited, Distant Frontiers, TC Tours, Digiphoto Entertainment Imaging (DEI), Go Vacation, Private Safaris East & South Africa.

As one of the largest travel service provider networks headquartered in the Asia-Pacific region, The Thomas Cook India Group spans 28 countries across 5 continents.

TCIL has been felicitated with MICE Powerhouse at MaxiiiMICE Awards 2025, Outbound Travel Operator of the Year (2024) and MICE Travel Operator of the Year (2024 & 2023) at The Economic Times Travel & Tourism Annual Awards, MICE Travel Agency (Outbound) at the Economic Times MICE & Wedding Tourism Awards 2024, ‘Masters of Risk – Travel & Hospitality’ at India Risk Management Awards 2024, MICE Tour Operator of the Year – Outbound at SATTE 2024, Best Tour Operator at India Travel Awards North 2023, winner of the Corporate Citizen Award (Travel Tourism & Hospitality) at the Corporate Citizen Conclave & Award 2023, The Outbound Tour Operator of the Year 2022 at the SATTE Awards, IAMAI India Digital Awards 2022, CNBC-TV18 & ICICI Lombard India Risk Management Award – Travel & Leisure Category 2022 & 2021, CIO100 Award for digital innovation 2022.

CRISIL has upgraded the rating on debt programs and bank facilities of TCIL – ‘CRISIL AA/Stable’ on the long-term bank facilities of TCIL and ‘CRISIL A1+’ rating on the short-term bank facilities and short- term debt of the company. The highest rating for a travel & tourism company in India.

For more information, please visit www.thomascook.in

About Fairfax Financial Holdings Limited:

Fairfax Financial Holdings Limited is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management. Founded in 1985 by the present Chairman and Chief Executive Officer, Mr. V. Prem Watsa, the company is headquartered in Toronto, Canada. Its common shares are listed on the Toronto Stock Exchange under the symbol FFH and in U.S. dollars under the symbol FFH.U.

For more information, visit:

Thomas Cook (India) Limited: www.thomascook.in

Media Enquiries:

Suzanne Pereira | +91 9820297665 | suzanne.pereira@thomascook.in

Shourya Rawool | +91 9619745154 | shourya.rawool@thomascook.in

Ancy Johnas | +91 7678042720 | ancy.johnas@thomascook.in