Friday, Mar 29 2024 | Time 18:26 Hrs(IST)
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Business Economy


ITDC turnover up 7.51 pc in H1

New Delhi, Nov 14 (UNI) India Tourism Development Corporation (ITDC), the public sector undertaking under the aegis of the Ministry of Tourism today posted a rise of 7.51 per cent in its turnover to Rs 221.34 crore in the first half yearly (H1) ended on September 30, 2016 as compared to Rs 205.88 crore in the same period last year.
The company registered Profit Before Tax (PBT) at Rs 8.58 crore as compared to Rs 4.28 crore in the corresponding H1 last year, an increase of substantial 100 per cent as compared to the last financial year, the PSU said in a statement.
The momentum generated in last financial year has also continued in first half of the financial year 2016-17, it added.
ITDC registered improved performances in divisions like Hotels, International Trade and Ashok Travel and Tours.
Also, The Ashok group of hotels has been in the forefront of innovative marketing initiatives ensuring consistency in sales and occupancy.

UNI ASH SW 1900
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