Latest news about India Tourism Development Corporation
ITDC Reports 16% Drop in Q1 Net Profit Amid Revenue Growth Aug 12, 2025
India Tourism Development Corporation Ltd (ITDC) reported a 7.8% increase in revenue to ₹8,641.35 lakh for Q1, but net profit declined 16% to ₹1,019.62 lakh. The Hotel Division was the largest revenue contributor at ₹7,123.19 lakh. ITDC faces governance challenges with only one Independent Director on the Board. The company is exploring disinvestment options for several properties, including Hotel Ashok and Hotel Kalinga Ashok. Auditors raised concerns over compliance issues with GSA and travel service agreements.
ITDC Reports Strong Q4 Performance with Revenue and Profit Growth, Declares Dividend May 30, 2025
ITDC Board to Deliberate on Ashok Hotel Asset Monetization Mar 05, 2025
ITDC to Discuss Asset Monetization of Iconic Ashok Hotel in Upcoming Board Meeting Mar 04, 2025