India Tourism Development Corporation (ITDC), the public sector undertaking under the aegis of the Ministry of Tourism, announced half yearly results of the current financial year 2019-20. The company registered a total turnover of Rs. 152.00 cr in H1 ending September 2019. Profit before Tax (PBT) of Rs. 9.92 cr was achieved .It also registered net profit (total comprehensive income) of 1.38 cr. The meeting was chaired by G. Kamala Vardhana Rao, Chairman & Managing Director, India Tourism Development Corporation (ITDC).
These details were announced in the Board of Directors’ meeting of the company at the Group’s flagship hotel, The Ashok, New Delhi. The Hotel division was the major revenue contributor for the mentioned period.
