ITDC announces Q1 FY 2024-25 results, with a turnover of Rs. 87.62 crores and Rs. 10.12 crores in profit before tax.
NEW DELHI, INDIA – India Tourism Development Corporation (ITDC), a public sector entity under the Ministry of Tourism, announced its Q1 results for FY 2024-25.
In Q1 of FY 2024-25, the corporation reported a total turnover of Rs. 87.62 crore, while Profit before Tax (PBT) hit Rs. 10.12 crore.
Mr. M.R. Synrem, IAS, Managing Director of ITDC, commented, “This quarter’s performance reflects our ongoing efforts in maintaining steady operations and service quality. Our team has continued to deliver consistent results, ensuring that we remain on track with our strategic objectives. Our focus remains on delivering extraordinary customer service. We are committed to adapt and evolve to meet the ever-changing needs of our guests and stakeholders.”
Post-general elections, all business verticals within ITDC have shown promising growth, from July 2024 onwards indicating sustained demand for our hospitality services.
ITDC remains committed to providing reliable guest experiences, driven by ongoing efforts in innovation and quality. By offering consistent services and amenities, ITDC maintains its position as a preferred choice for travelers and business professionals.
About India Tourism Development Corporation:
ITDC was incorporated in 1966 with a mandate to develop and expand tourism infrastructure in the country. The Corporation has been moving ahead with consistent efforts on development, growth and world-class services and amenities to its guests. Apart from running Hotels, the ITDC has diversified into non-hotel sectors like Ticketing, Tours and Travels, Event Management, Duty-Free Shopping, Publicity & Printing Consultancy, Engineering Consultancy, mounting Sound & Light Shows, Hospitality education and skill development– all under one roof.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
