ITDC records PBT of INR 110cr for FY24 - India's Top Travel News Source: TravelBiz Monitor

ITDC records PBT of INR 110cr for FY24

The India Tourism Development Corporation (ITDC) has achieved its highest-ever turnover and profit figures. The corporation has reported a total turnover of INR 527 crores, reflecting a substantial 16% increase compared to the previous fiscal year.

Furthermore, the Profit Before Tax (PBT) has surged to INR 110 crores, marking an impressive 34% rise over the preceding period, with a Profit After Tax (PAT) of INR 72 crores.

M.R. Synrem, IAS, Managing Director of ITDC, said, “The fiscal year 2023-24 has been a testament to ITDC’s resilience and commitment to excellence. Our record-breaking financial performance underscores our dedication to delivering unparalleled value to our customers and other stakeholders.”

Across all major business verticals, ITDC has witnessed robust growth, showcasing its unwavering dedication to providing world-class hospitality and tourism experiences. This success is a testament to ITDC’s customer-centric approach and steadfast focus on quality and innovation.

 

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