India Tour13 February Corporation (ITDC), a public sector enterprise under the Ministry of Tourism, Government of India, has announced its financial results for the third quarter of the fiscal year 2024-25.

ITDC reported a total revenue of INR 155.14 crores for Q3 FY 2024-25. The company’s Profit Before Tax (PBT) stood at INR 30.50 crores, while Profit After Tax (PAT) reached INR 21 crores, reflecting steady growth in line with its strategic initiatives. The total revenue for the nine months ending 31 December 2024 stood at INR 31 December with a PAT of INR 57.59 crores. The strong financial performance comes when the Union Budget significantly emphasises tourism as a driver of employment and economic growth.

Mr. M.R. Synrem (IAS), Managing Director, ITDC, highlighted the broader vision: “ITDC’s strong Q3 results reflect our ongoing efforts to strengthen infrastructure, improve service quality, and expand business opportunities. With the Union Budget reinforcing tourism as a key driver of employment and economic growth, we are committed to leveraging this and aligning with the government’s vision. ITDC has forayed into new product lines. Recently, we successfully set up luxury camps at the ongoing Mahakumbh 2025 at Prayagraj.”

Commenting on the performance, Mr Lokesh Kumar Aggarwal, Director of Finance and CFO of ITDC, stated, “Our third-quarter performance highlights ITDC’s strong financial resilience and continued commitment to operational excellence. ITDC is set to fast-track its expansion by forging strategic partnerships as well. We have focused on optimising resource allocation and improving efficiency across our hospitality, travel, tourism, event management and skill development SBUs.”

By leveraging emerging opportunities and adopting a forward-looking approach, ITDC aims to reinforce its leadership in the tourism sector and contribute meaningfully to India’s economic progress. With enhanced government support for tourism-led growth, ITDC remains committed to driving innovation in hospitality, facilitating seamless travel experiences, and delivering top-tier services that create lasting value.

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