India Tourism Development Corporation Ltd is a Govt. of India undertaking and was established in October 1966, the company is running hotels, restaurants, providing transport facilities, engaged in production, distribution and sale of tourist publicity literature and providing entertainment and duty free shopping facilities to tourists. It has also diversified into consultancy, tourism, engineering projects, training/education in the tourism and hospitality sectors and event management.
Financial Results:
- India Tourism Development Corporation Ltd reported Revenues for Q1FY24 of ₹118.00 Crores up from ₹96.00 Crore year on year, a rise of 22.92%.
- Total Expenses for Q1FY24 of ₹98.00 Crores up from ₹82.00 Crores year on year, a rise of 19.51%.
- Consolidated Net Profit of ₹17.00 Crores up 54.55% from ₹11.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹2.03, up 69.17% from ₹1.20 in the same quarter of the previous year.