Shares of Travel Food Services Ltd rose 1.5% to a day’s high of Rs 1,309.70 on 12th September after it won a contract from Cochin International Airport to set up and manage F&B outlets, a lounge, and a bar in the Domestic Terminal’s Security Hold Area.

TFS will run 11 quick-service restaurants and one lounge at Cochin Airport’s Domestic Terminal (T1). This is under a five-year license, extendable by two years as per the Letter of Award. The deal includes license fees and a minimum guarantee payment.

Cochin International Airport, India’s eighth busiest, handled over 11 million passengers in FY 2024-25. It is the world’s first fully solar-powered airport.

CEO Varun Kapur said the win expands TFS’s presence to 14 of India’s 15 largest airports. It promises a diverse mix of brands to enhance the passenger experience.

At 12:11 PM, the shares of Travel Food Services were trading 1.47% higher at Rs 1,281.70 on NSE.

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