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Bureaucracy

ITDC Posted Noteworthy Profit Amounting To Rs. 22.48 Crores (PAT)

Indian-GRAPEVINE-itdc-posted-noteworthy-profit-amounting-to-rs-2248-crores-pat

Published 01 Aug, 2020

By Staff Reporter


India Tourism Development Corporation (ITDC) posted a notable performance for the financial year 2019-20 despite severe impact of COVID-19 on the tourism, travel and hospitality sector during last quarter of financial year including lockdown in the second half
of month of March’20 which brought entire industry to a standstill. Total Income during the year was Rs. 357.49 crore and Revenue from operations was Rs. 336.27 crore. The Corporation posted profit before tax (PBT) of Rs 42.68 crore and profit after tax (PAT) of Rs. 26.12 crore from both continued and discontinued operations.



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