ITDC: Rs 2.54 cr profit in Q3, 2015-16

The total turnover of India Tourism Development Corporation (ITDC) in quarter ending December 2015 stood at Rs.123.85 crore. The public sector undertaking under the aegis of the Ministry of Tourism (MOT), registered operating profit at Rs 17.26 crore and Net Profit Before Tax (PBT) at Rs 2.54 crore in last quarter Oct-Dec, 2015-16. In first three quarters of 2015-16, the company has registered a turnover of Rs 329.72 crore, while the operating profit was registered at Rs 25.76 crore and net profit at Rs 6.83 crore. These details were announced in the Board of Directors’ meeting of the company on February 12, 2016, at the Group’s flagship hotel, The Ashok, New Delhi.