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HomeNewsHotels and ResortsITDC POSTS 4.28 CR PROFIT IN H1

ITDC POSTS 4.28 CR PROFIT IN H1

India Tourism Development Corporation (ITDC) has posted a robust performance in half yearly results of the current financial year 2015-16. The total turnover in H1 ending September 2015 stood at Rs.205.88 cr as compared to Rs.218.33 cr in the corresponding H1 last year. The company registered Net Profit Before Tax (PBT) at Rs.4.28 cr as compared to Rs.2.61 cr in the corresponding H1 last year.

In H1, 2015-16 the momentum generated in the last financial year seem to have continued posting profit yet again. Also, the Ashok group of hotels has been in the forefront of innovative marketing initiatives ensuring consistency in sales and occupancy.

Meanwhile, ITDC has set up a Center of Excellence at Hotel Samrat, New Delhi. The Ashok Institute of Hospitality and Tourism Management (AIH&TM) has formalised collaboration with National Council for Hotel Management and Catering Technology (NCHMCT) to offer a course in B.Sc in Hospitality and Hotel Administration (HHA) with its first batch already commenced.  The institute is responsible for imparting skills and professional training to the youth in the areas of hospitality and Hotel Administration.

It has implemented a Sound and Light show project at Shanti Stupa, Dhauli, Odisha. The theme of Kalinga War and conversion of King Ashoka from ‘Chandashoka’ to ‘Dharmashoka’ will be portrayed in three languages on all days of the week except Monday.

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