ITDC posts Rs 8.58 cr profit in half yearly results

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 2016-17. The total turnover in H1 ending September 2016 increased to Rs.221.34 cr as compared to Rs.205.88 cr in the corresponding H1 last year. The total turnover registered a jump of 7.51% as compared to the same period in last financial year. The company registered Profit Before Tax (PBT) at Rs. 8.58 cr as compared to Rs. 4.28 cr in the corresponding H1 last year i.e. 2016-17, an increase of substantial 100% as compared to the last financial year.