ITDC posts a profit of 2.54 cr in Q3, 2015-16
India Tourism Development Corporation (ITDC), the public sector undertaking under the aegis of the Ministry of Tourism, posted a stable performance for third quarter of the financial year 2015-16. The total turnover in quarter ending December 2015 stood at `123.85 crore. The company registered operating profit at `17.26 crore and net profit before tax (PBT) at `2.54 crore in last quarter October-December, FY 2015-16.
The momentum generated in the last two quarters has continued posting profit in the third quarter as well. In first three quarters of FY 2015-16, the company registered a turnover of `329.72 crore, while the operating profit was registered at `25.76 crore and net profit at `6.83 crore.
These details were announced in the board of directors’ meeting in New Delhi.