View News

ITDC Q4 net profit declines by 18% at Rs 18.07 crore

ITDC Q4 net profit declines by 18% at Rs 18.07 crore

MUMBAI: India Tourism Development Corporation BSE -4.32 % ( ITDC ) today reported an 18 per cent decline in standalone net profit at Rs 18.07 crore for the March quarter. 

Its net profit stood at Rs 22.06 crore for the corresponding quarter of the preceding fiscal, ITDC said in a release said here. 

ITDC's total income from operations dropped 7.5 per cent to Rs 133.13 cr from Rs 143.98 crore in the same quarter last fiscal. 

The Corporation recorded a Profit After Tax (PAT) at Rs 22.55 crore for 2015-16, and a turnover of Rs 465.69 crore. 

"FY16 has been a motivating year for ITDC. The profit is the result of several proactive initiatives taken by the organisation to improve productivity and efficiency at the beginning of the year," ITDC CMD Umang Narula said.

"The organisation took all necessary steps to keep the operational cost under control and to ensure that every division endeavours towards the profit making journey of the organisation," Narula added. 

The Hotels Division, Ashok International Trade division and Ashok events division of ITDC were other contributors to the profit for the financial year 2015-16, it said. 

All three Delhi-based hotels - The Ashok, Samrat and Janpath clocked net profits. 

Hotel Patliput .Ashok, Patna and Lalitha Mahal Palace Hotel, Mysore also made profit, while other hotels of the Corporation also showed improved performance during the year, the release said. 

The board of ITDC has recommended a dividend of 15 per cent on the equity share capital aggregating Rs 12.86 crore for 2015-16. 


2017-01-04 20:59:31

Just do me a favor and keep writing such trhcneant analyses, OK?

2017-01-17 03:05:16

Youre so cool! I dont suppose Ive read something like this before. So nice to find someone with some authentic ideas on this subject. realy thanks for beginning this up. this website is something that is needed on the internet, someone with a bit originality. helpful job for bringing one thing new to the internet!

2017-01-20 08:09:09

Ciro...o "beijoqueiro-mor" do Lula no nordeste, nos DEM ????...O mundo político tupiniquim está mesmo despersonalizado,aético, descarado, sem-vergonha e de pernas abertas para o ar igual a... ...pra não falar calão puro !Tou cheio e é uma VERGONHA !

2017-01-25 08:42:18

A wonderful job. Super helpful information.

2017-01-25 09:24:21

"That sort of thinking demonstrates a basic incomprehension of how civilization works." Can we transcend or truly conquer something we don't understand? I think not. One can destroy something not understood but transcend it? No, so they are doomed to fail, the best they can do (but only with our cooperation through denial of the actual threat) is ensure that Wretchard's comes to pass. Which ultimately, may be the point. (better to rule in hell, than serve in heaven)

2017-01-25 09:58:55

Wow that was rare. I immediately wrote an very long mention nevertheless behind I clicked submit my comment didn’t illustrate positive. Grrrr… thriving I’m not inscription all that above over. Nevertheless, just hunted to utter superb blog!

2017-01-25 10:34:25

I discovered your weblog web site on google and test a number of of your early posts. Continue to maintain up the very good operate. I just further up your RSS feed to my MSN Information Reader. Seeking ahead to reading extra from you later on!…

2017-01-25 10:58:37

Do you have more great articles like this one?

2017-01-25 11:52:08

That is the right blog for anyone who needs to seek out out about this topic. You notice so much its almost onerous to argue with you (not that I truly would need…HaHa). You positively put a new spin on a subject thats been written about for years. Nice stuff, simply nice!

2017-01-25 12:50:39

Hi…..I have recently started a website, the information you provide on this web site has helped me tremendously. Thank you for all of your time & work. “Americans detest all lies except lies spoken in public or printed lies.” by Edgar Watson Howe….

2017-01-25 16:32:29

Well you're ahead of me on the wedding album! We haven't officially put one of those together, yet, though we really want to and plan to. We did start one when we were dating......and then got behind. LOL So we have catching up to do for sure! But I like yours!! :)

2017-01-25 17:12:05

I was seriously at DefCon 5 until I saw this post.

2017-01-25 19:03:15

Umm, are you really just giving this info out for nothing?

2017-01-25 19:08:22

Kolla dubbelfnuttarna. Det verkar som att det är något vajsing med att kopiera in kodsnutten från bloggen. Är det detta som är problemet så får jag och Påvel titta på vad man kan göra åt saken.

2017-01-25 19:29:45

I was looking everywhere and this popped up like nothing!

2017-01-25 20:13:59

wrote:What should I do? Would the no contact messege still work, or have I blown it?Hi,No, you still have a great chance to fix things.Read the on my Blog, the link is on the right-hand side of my Blog.Then send the recommended NC message (word for word)…after that lock your phone, so people can’t send messages in your name…make sense?Take Care,S.W.

2017-01-25 22:06:13

Spaghetti with Red Sauce, green salad, Cornbread Tuesday – Carnitas Soft Tacos, Mexican Rice, Cooked Pinto Beans Wednesday – Taco Joes on Homemade Buns, Veggies and Dip Thursday – Beans and Rice

2017-01-25 23:20:13

This is the perfect post for me to find at this time

2017-01-25 23:21:18

I was really confused, and this answered all my questions.

2017-01-26 00:39:20

The purchases I make are entirely based on these articles.

2017-01-26 02:32:13

Le sentimancho est un logiciel simple et pro en ce qui concerne les commerces qui veulent avoir un soft familier et rapide tout en utilisant la puissance du social et du marketing avec le logiciel Sentimancho qui est sans aucun doute le top en logiciel pour le marketing dans une nouvelle entreprise mais et dans la tentative du fonctionnement brusque.

2017-01-26 03:54:45

People normally pay me for this and you are giving it away!

2017-01-26 04:02:36

I announced two days before that I was taking a break.I broke my promise to myself, to post once, to summarize my evaluations.Did you read my own blog post? My own authorship.What did you think of that?

2017-01-26 05:03:45

kek..kek.. HARE GENE BARU LOLOS….?aduh sementara sang legenda berada di Jepang sedang berebut juara dunia maka nikmatilah perjalanan lanjutan si merah yang kemungkinan maksimal sampai di partai puncak saja.Pemenang partai puncak?ehm..ehem..ya jelaslah si merah hitam

2017-01-26 09:06:57

Just do me a favor and keep writing such trenchant analyses, OK?

2017-02-07 03:54:09

You are so awesome for helping me solve this mystery.

2017-02-16 01:38:44

#120. I would love for one reporter to ask the students if they would give up their cars, cell phones and designer clothes for a year to save the cut programs. I wonder how many would actually do it? If my child was one of the kids that walked out. The first thing I would do is take away one of those prized possessions. She would learn real quick about sacrifice. See what is more important a cell phone, car, etc or drama club??

Add Comment

Cancel reply

Your email address will not be published. Required fields are marked *