ITDC posts 14.18 Cr profit in half yearly (2017-18) results
New Delhi, Nov 15 (IBNS): India Tourism Development Corporation (ITDC), the public sector undertaking under the aegis of the Ministry of Tourism, posted a significant performance in half yearly results of the current financial year 2017-18.
The total turnover in H1 ending September 2017 increased to Rs. 172.49 cr as compared to Rs. 170.94 cr in the corresponding H1 last year.
The company registered Profit Before Tax (PBT) at Rs. 14.18 cr as compared to Rs. 9.59 cr in the corresponding H1 last year i.e. 2017-18, an increase of 48 % as compared to the last financial year.
These details were announced in the Board of Directors’ meeting of the company at the Group’s flagship hotel, The Ashok, New Delhi on Tuesday.
The momentum generated in last financial year has also continued in first half of the financial year 2017-18.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
