India Tourism Development Corporation (ITDC), the public sector undertaking under the aegis of the Ministry of Tourism, posted a stable performance for first quarter of the current financial year 2015-16. The total turnover in quarter ending June 2015 stood at Rs.105.96 Cr as compared to Rs 103.63 Cr in the corresponding quarter last year. The company registered Net Profit Before Tax (PBT) at Rs.2.77 Cr and Net Sales at Rs 96.95 Cr as compared to Rs 0.30 Cr and Rs 96.19 Cr respectively in the corresponding quarter last year. In Q 1, 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. The company has registered an occupancy rate of 47 percent compared to 45 percent in the corresponding quarter last year.
Roads not travelled are avenues not explored. And explore we must, as Travel is our passion and let our passion be your guide to travel in the Indian subcontinent. This blog focuses on the bespoke aspects of travelling for the discerning traveller. Discover the varied and eclectic facets of India, from the majestic mountains, extensive plateaus, the coastal plains, tranquil backwaters to the stunning beaches. We invite all you travel enthusiasts to visit our blog and share your experiences.
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