International Travel House reported a net profit of ₹1,848.19 lakhs for the financial year ended March 31, 2026 (FY26), a decline of 31.9% from ₹2,715.17 lakhs in the previous year. Operating income fell 1.7% to ₹23,163.10 lakhs, impacted by exceptional items and margin pressure. Despite the lower earnings, the Board of Directors has recommended a final dividend of ₹5.50 per equity share, maintaining the payout level from FY25. Shareholders will vote on the dividend and other agenda items at the 45th Annual General Meeting (AGM) on August 25, 2026.

The drop in profitability was primarily driven by an exceptional one-time charge of ₹589.00 lakhs related to the recognition of past service costs for gratuity and leave encashment, pursuant to new labor codes notified by the Ministry of Labour & Employment. Excluding this item, the profit before tax stood at ₹3,100.30 lakhs. Other income decreased to ₹600.69 lakhs from ₹664.49 lakhs, while total expenses rose slightly to ₹20,663.49 lakhs from ₹20,548.48 lakhs due to higher employee benefits and depreciation.

Key Financial Metrics

The company’s return on equity (ROE) declined to 10.72% from 17.64%, reflecting the impact of the exceptional charge on net profits. The net profit ratio compressed to 8.07% from 11.63%. Cash and cash equivalents decreased to ₹1,852.93 lakhs from ₹3,589.72 lakhs, as the company deployed funds into current investments, which rose to ₹10,479.72 lakhs from ₹5,459.98 lakhs.

AGM and Corporate Actions

The 45th AGM will be held via Video Conferencing or Other Audio Visual Means (VC/OAVM) on August 25, 2026, at 11:00 a.m. (IST). Key resolutions include the re-appointment of Mr. Ashish Rao, who retires by rotation, and the approval of remuneration for statutory auditors Deloitte Haskins & Sells LLP, fixed at ₹26.50 lakhs for FY27. The record date for dividend entitlement is July 31, 2026. Shareholders must update bank details by August 17, 2026, to receive the dividend electronically.

What the Numbers Show

The divergence between stable operating income and declining net profit highlights the significant impact of non-recurring regulatory adjustments. The ₹589.00 lakh exceptional charge alone accounted for approximately 23.5% of the reported net profit decline. Operationally, the company maintained revenue resilience despite global trade uncertainties and geopolitical tensions affecting travel demand. The substantial increase in mutual fund investments suggests a strategy to optimize returns on surplus cash, although this also exposes the balance sheet to market price risks, albeit managed through diversified debt instruments.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE262B01016/b9bd482b-0dae-42a5-8fd0-af3760bb4f9b.pdf

International Travel House Limited reported a net profit of ₹563.77 lakhs for the quarter ended 30th June, 2026 (Q1FY27), compared to ₹686.99 lakhs in the corresponding quarter of the previous year. The company's revenue from operations stood at ₹5,526.51 lakhs, down from ₹5,700.69 lakhs in Q1FY26. The Board of Directors, at its meeting held on 10th July, 2026, approved the unaudited financial results and recommended a final dividend of ₹5.50 per equity share of ₹10 each for the financial year ended 31st March, 2026.

Q1FY27 Financial Performance

Total income for Q1FY27 was ₹5,732.60 lakhs, a decrease from ₹5,899.53 lakhs in the same period last year. Total expenses for the quarter amounted to ₹4,980.31 lakhs, marginally higher than the ₹4,970.89 lakhs recorded in Q1FY26. Profit Before Tax (PBT) was reported at ₹752.29 lakhs, compared to ₹928.64 lakhs in the prior year quarter. The statutory auditors, Deloitte Haskins & Sells LLP, submitted a Limited Review Report confirming no material misstatement in the unaudited financials.

Expense Breakdown and Operational Details

Car hire charges remained the largest expense component at ₹2,337.57 lakhs in Q1FY27, though this was lower than the ₹2,564.89 lakhs incurred in Q1FY26. Employee benefits expense increased to ₹1,302.46 lakhs from ₹1,235.85 lakhs in the year-ago period. The company operates exclusively in the Travel Related Services segment. Exceptional items of ₹589.00 lakhs were recorded in the full year FY26, representing a one-time impact regarding past service costs for gratuity and leave following the enforcement of New Labour Codes. No exceptional items were recorded in Q1FY27.

Dividend and Annual General Meeting

The Board has fixed Friday, 31st July, 2026, as the record date to determine shareholder eligibility for the final dividend. The 45th Annual General Meeting (AGM) is scheduled for Tuesday, 25th August, 2026, via Video Conferencing. If approved by shareholders, the dividend of ₹5.50 per share will be paid between Wednesday, 26th August, 2026, and Tuesday, 1st September, 2026.