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ITDC posts Rs. 11.55 Cr profit in Q3 2018-19

India Tourism Development Corporation (ITDC), the public sector undertaking under the aegis of Ministry of Tourism, registered a respectable performance in the 3rd quarter of the current financial year 2018-19. The total turnover in third quarter ending December 2018 stood at Rs. 100.77 cr as compared to 103.71 crore during the previous quarter of the last year. The company registered Profit Before Tax (PBT) at Rs. 11.55 cr for the quarter ended December 2018.

These details were announced in the Board of Directors’ meeting of the company held recently at the Group’s flagship hotel, The Ashok, New Delhi.

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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