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Saturday, 23 February, 2019, 11 : 00 AM [IST]

ITDC announces INR 11.55 Cr Profit Before Tax for Q3 FY19

India Tourism Development Corporation (ITDC) Limited, the public sector undertaking under the guidance of the Ministry of Tourism, registered a respectable performance in the 3rd quarter of the current financial year 2018-19. The details were announced in the Board of Directors’ meeting of the company held on February 14 at the Group’s flagship hotel, The Ashok in New Delhi.

The total turnover of ITDC in third quarter ending December 2018 stood at INR 100.77 cr, as compared to INR 103.71 cr during the previous quarter of the last year. The company registered Profit Before Tax (PBT) at INR 11.55 cr for the quarter ended December 2018.

The major contributors to the total revenue to the corporation were the Hotels Division and Ashok International Trade Division (AITD) among others.

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