ITDC posts Rs. 18.30 crore profit in third quarter ending December
New Delhi, Feb 15 (IBNS): India Tourism Development Corporation (ITDC) Ltd, a public sector undertaking under the Union Ministry of Tourism, posted its third quarter results for the year financial year 2017-18 on Thursday.
The company said that its total turnover in third quarter ending December 2017 stood at Rs. 108.01 crore.
The company that its Profit Before Tax (PBT) stood at Rs. 18.30 crore in the latest reported quarter compared to Rs. 13.14 crore in the corresponding quarter of the previous financial year, an increase of 39.27 per cent as compared to the last financial year.
The company said it completed 51 years with multiple offers at its flagship property, The Ashok.
In the reported quarter, ITDC organized a round table with state tourism officials to boost tourism
It also hosted Vigilance Study Circle (VSC) NCR meet at Hotel The Ashok, New Delhi to discuss various vigilance related issues
The company said that it also participated in the new initiative ‘Paryatan Parv’ announced by Ministry of Tourism.
Ashok Institute of Hospitality and Tourism Management (AIH&TM), the Human Resource Development division under ITDC, got certified with ISO 9001:2015 certification for imparting quality education in hospitality and tourism management, according to the company release.
The company said that its Ashok International Trade Division (AITD) is growing its presence in seaports across the country, setting up duty-free outlets in Mumbai, New Mangalore, Chennai, Goa, Paradeep, Kolkata, Haldia, Vishakapatnam, Cochin, Kakinada Tuticorin and Krishnapatnam ports.
ATT, A travel solutions unit of ITDC tied up with the “Controller General of Defense Accounts (CGDA)” to provide e-ticketing solutions, the company said in its release.
Image: ITDC/Twitter
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