Tag Archives: PBT

Indian airports’ FY25 profit to grow by 35% on strong demand, says Paramprit Singh Bakshi, VP, CAPA India

Paramprit Singh Bakshi, Vice-President, CAPA India, said, “Amid strong demand and “unprecedented investment in aircraft orders, product, brand, technology, the Indian airport industry’s profit before tax (PBT) is expected to grow by 35 per cent year-on-year (Y-o-Y) to Rs 10,370 crore in the financial year 2024-25 (FY25)”. The industry, in FY24, is estimated to have had a PBT of Rs 7,680 crore, which was 134.1 per cent more Y-o-Y as the airport sector recovered after Covid-19.

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ITDC records Rs.109.60 cr turnover in Q1 2017-18

India Tourism Development Corporation (ITDC) has performed remarkably in the first quarter of the current financial year 2017-18. The total turnover in quarter ending June 2017 increased to Rs.109.60 cr as compared to Rs. Rs. 91.42 cr in the corresponding quarter last year. The PSU registered Net Profit Before Tax (PBT) at Rs. 25.19 cr as compared to Rs. 14.30 cr in the corresponding quarter last financial year i.e. 2016-17, which is an increase of 76.15% from last year. The details were announced at the Board of Directors’ meeting of the company held on August 14th, 2017 at The Ashok, New Delhi.

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