New Delhi: India Tourism Development Corporation has posted a stable performance for the first quarter of the current financial year with a total turnover standing at Rs 105.96 crore - an increase of 2.24 per cent over the corresponding period last year.
The state-run company had registered a turnover of Rs 103.63 crore for the quarter ended June 2014.
ITDC, a public sector undertaking (PSU) of the Tourism Ministry, registered a net profit before tax of Rs 2.77 crore and net sales of Rs 96.95 crore as compared to Rs 30 lakh and Rs 96.19 crore respectively in the corresponding quarter last fiscal year, a release said.
Buoyed by the positive market sentiment, the tourism sector has seen renewed impetus helping ITDC to post a robust performance with the Ashok Group of hotels registering an occupancy rate of 47 per cent compared to 45 per cent in the corresponding quarter last year.
ITDC has implemented a sound and light show project at the Shanti Stupa, Dhauli, Odisha. The theme of Kalinga War and conversion of King Ashoka from 'Chandashoka' to 'Dharmashoka' are being portrayed in three languages on all days of the week except Monday.
A new duty-free shop under the Ashok International Trade division has also been opened at Mumbai Port.
The state-run company had registered a turnover of Rs 103.63 crore for the quarter ended June 2014.
ITDC, a public sector undertaking (PSU) of the Tourism Ministry, registered a net profit before tax of Rs 2.77 crore and net sales of Rs 96.95 crore as compared to Rs 30 lakh and Rs 96.19 crore respectively in the corresponding quarter last fiscal year, a release said.
Buoyed by the positive market sentiment, the tourism sector has seen renewed impetus helping ITDC to post a robust performance with the Ashok Group of hotels registering an occupancy rate of 47 per cent compared to 45 per cent in the corresponding quarter last year.
ITDC has implemented a sound and light show project at the Shanti Stupa, Dhauli, Odisha. The theme of Kalinga War and conversion of King Ashoka from 'Chandashoka' to 'Dharmashoka' are being portrayed in three languages on all days of the week except Monday.
A new duty-free shop under the Ashok International Trade division has also been opened at Mumbai Port.
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