International Travel House Limited, a leading travel services provider, has released its financial results for the second quarter and first half of the fiscal year 2026, ending September 30, 2025. The company demonstrated resilience in its revenue generation but faced challenges in maintaining profit levels.

Financial Highlights

Key Observations

1. Revenue Stability: Despite a slight decrease in quarterly revenue, the company managed to maintain stable income for the half-year period, indicating resilience in its core travel-related services.

2. Profit Decline: International Travel House experienced a notable decrease in net profit after tax, both for the quarter and the half-year period. This suggests potential challenges in managing costs or market pressures.

3. Earnings Per Share: In line with the profit decline, the earnings per share (EPS) also decreased for both the quarter and half-year periods.

4. Operational Focus: The company continues to operate exclusively in travel-related services, maintaining its specialized focus in the industry.

5. Balance Sheet Strength: As of September 30, 2025, International Travel House reported a robust balance sheet with total assets of ₹24,345.49 lakhs, including significant investments and cash reserves.

6. Equity Position: The company's equity share capital remains stable at ₹799.45 lakhs, with total equity (including other equity) standing at ₹17,410.67 lakhs.

Management Commentary

While specific management comments were not provided in the financial release, the stable revenue amid challenging profit conditions suggests that the company is navigating a complex market environment.

Auditor's Review

The financial results were reviewed by the statutory auditors, Deloitte Haskins & Sells LLP. The auditors' report does not highlight any significant concerns or qualifications regarding the financial statements.

Conclusion

International Travel House Limited's Q2 FY2026 results demonstrate the company's ability to maintain its revenue base while facing profitability challenges. As the travel industry continues to evolve, investors and stakeholders will be keen to see how the company adapts its strategies to improve bottom-line performance while leveraging its strong market position in travel-related services.

The company's board meeting, which approved these results, was held on October 14, 2025, demonstrating timely disclosure and compliance with regulatory requirements.

International Travel House Limited, a prominent player in the travel and hospitality sector, has announced significant developments following its 44th Annual General Meeting (AGM) held on August 19, 2025. The shareholders have approved several key resolutions, including the re-appointment of Ashwin Moodliar as the company's Managing Director for a two-year term.

Leadership Continuity

Mr. Ashwin Moodliar, 60, has been re-appointed as a Director and Managing Director of International Travel House Limited for a two-year term commencing February 1, 2026. This decision, made at the company's AGM, ensures continuity in leadership for the organization.

Moodliar's Experience and Contributions

Moodliar brings a wealth of experience to his role, having initially joined the company as Managing Director on February 1, 2023. His career spans over three decades in the hospitality industry, including significant tenure with ITC Limited's Hotels Division since 1993. At ITC, he held various leadership positions in Sales, Marketing, and Revenue Management, culminating in his role as Vice President Marketing.

During his time at International Travel House, Moodliar has been instrumental in driving projects focused on enhancing business efficiency and customer satisfaction. His initiatives have primarily centered around leveraging technology and implementing process improvements.

Financial Decisions and Auditor Appointments

The AGM also saw shareholders approving several other important resolutions:

1. The company declared a final dividend of ₹5.50 per equity share of ₹10 each for the financial year ended March 31, 2025.

2. Shareholders approved the appointment of Messrs. Mehta & Mehta, Company Secretaries, as the Secretarial Auditors for a period of five consecutive financial years starting from 2025-26.

3. The remuneration of Messrs. Deloitte Haskins & Sells LLP, Chartered Accountants, as Statutory Auditors for the financial year 2025-26 was also approved.

Shareholder Participation

The AGM, conducted through video conferencing, saw active participation from shareholders. A total of 174 members attended the meeting, including 2 from the Promoter and Promoter Group and 172 from the public.

Voting Results

All resolutions put forth at the AGM were passed with requisite majority. The re-appointment of Ashwin Moodliar as Managing Director received overwhelming support, with 99.9978% of votes cast in favor of the resolution.

The decisions made at this AGM reflect International Travel House Limited's commitment to strong corporate governance and strategic leadership as it continues to navigate the dynamic travel and hospitality industry.