India Tourism Development Corporation (ITDC), a key player in the tourism sector under the Ministry of Tourism, is celebrating its outstanding financial performance for the fiscal year 2023-24, marking a significant milestone in its illustrious journey.
ITDC has achieved unprecedented success, boasting its highest-ever turnover and profit figures. The corporation reported a total turnover of INR 527 crores, marking a notable 16 per cent increase compared to the previous fiscal year. Furthermore, the Profit Before Tax (PBT) surged to an impressive INR 110 crores, representing a remarkable 34 per cent rise over the preceding period, with a Profit After Tax (PAT) standing at INR 72 crores.
MR Synrem, IAS, Managing Director of ITDC, expressed his pride and satisfaction, remarking, “The fiscal year 2023-24 has been a testament to ITDC’s resilience and unwavering commitment to excellence. Our record-breaking financial performance reflects our dedication to delivering unmatched value to our customers and stakeholders.”
Across all major business verticals, ITDC has witnessed robust growth, showcasing its steadfast commitment to offering good hospitality and tourism experiences. This success underscores ITDC’s customer-centric approach and steadfast focus on quality and innovation.
ITDC remains steadfast in its mission to provide unparalleled customer experiences, driven by a relentless pursuit of excellence and innovation. By consistently delivering superior quality, service, and amenities, ITDC has cemented its status as the preferred choice among travellers and business professionals alike.