ITDC half yearly results show significant 14.18 cr profit

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ITDC
ITDC

India Tourism Development Corporation (ITDC), the public sector undertaking under the aegis of the Ministry of Tourism, posted a significant performance in half yearly results of the current financial year 2017-18. The total turnover in H1 ending September 2017 increased to Rs. 172.49 cr as compared to Rs. 170.94 cr in the corresponding H1 last year. The company registered Profit Before Tax (PBT) at Rs. 14.18 cr as compared to Rs. 9.59 cr in the corresponding H1 last year i.e. 2017-18, an increase of 48 % as compared to the last financial year.

These details were announced in the Board of Directors’ meeting of the company on 14th November, 2017 at the Group’s flagship hotel, The Ashok, New Delhi. The momentum generated in last financial year has also continued in first half of the financial year 2017-18.

Awards and Accolades:

  • Marking glorious 51 years of ITDC, the Corporation celebrated magnificently with multiple offers at The Ashok and Hotel Samrat
  • At the 52nd AGM ITDC declared a dividend of 13.30% amounting to Rs. 11.14 crore as recommended by the Board in the meeting held on 30th May, 2017. Out of Rs. 11.14 crore, an amount of Rs. 9.93 crore has been paid to the Government of India.
  • Hotel The Ashok bagged the award for ‘Best Hotel Based Meeting Venue’ at the coveted National Tourism Awards 2017 for the second consecutive year.
  • Chef Arvind Rai, Executive Chef-The Ashok has been honored with ‘Best Chef of India- 4 to 5 Star Deluxe Heritage Classic Grand Category’ award at National Tourism Awards 2017.
  • ITDC was the official event management agency for Paryatan Parv, 2017- a 21 day long celebration of Indian culture, cuisine and unity organized by Ministry of Tourism.
  • In addition to existing CSR activity, the Corporation has participated for Swachhta Pakhwara initiative under the aegis of Government of India with an aim to push regular cleanliness at office premises being a responsible Public Sector Undertaking.
  • AIHTM, the education wing under ITDC, claimed success at Inter College Quiz held among leading Hotel Management Institutes.
  • The Ashok Hotel was honored by Safari India Awards as the ‘BEST MICE HOTEL’ in the industry.
  • ATT, A travel solutions unit of ITDC tied up with the “Controller General of Defense Accounts (CGDA)” to provide e-ticketing solutions.

IndianBureaucracy.com wishes the very best.

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Saurabh
Saurabh
Saurabh Sinha, Editor of IndianBureaucracy.com, is known for his credible, precise and insightful coverage of governance, civil services and administrative developments in India. Under his leadership, the portal has grown into a trusted national platform for accurate updates, appointments and policy movements within the bureaucratic ecosystem. Saurabh’s strong professional networking and deep understanding of government functioning enable him to present timely, reliable and well-contextualised information to readers across sectors. As a thought-driven editor, he promotes informed dialogue on governance reforms while maintaining high editorial standards. His calm, consistent and detail-oriented approach continues to strengthen the portal’s reputation. इंडियनब्यूरोक्रेसी.कॉम के संपादक सौरभ सिन्हा देश की नौकरशाही, शासन व्यवस्था और प्रशासनिक गतिविधियों की विश्वसनीय तथा संतुलित रिपोर्टिंग के लिए जाने जाते हैं। उनके नेतृत्व में यह पोर्टल नियुक्तियों, नीतिगत बदलावों और प्रशासनिक खबरों का एक भरोसेमंद राष्ट्रीय स्रोत बन चुका है। शासन तंत्र की गहरी समझ और मजबूत पेशेवर नेटवर्क के कारण सौरभ पाठकों को समयबद्ध, सटीक और संदर्भित जानकारी प्रदान करते हैं। एक विचारशील संपादक के रूप में वे सुशासन, पारदर्शिता और सुधारों पर सकारात्मक संवाद को बढ़ावा देते हैं। उनकी शांत, सूक्ष्म और पेशेवर संपादकीय शैली पोर्टल की प्रतिष्ठा को लगातार मजबूत कर रही है।
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