India Tourism Development Corporation Limited — Important, 13-02-2025: Financial Result Updates

**Consolidated Financial Results Summary**

India Tourism Development Corporation Ltd. reported consolidated revenue of ₹15,618.35 crore for the quarter ended December 31, 2024, marking a year-over-year increase of 11.9%. Key drivers for this growth included improved performance in the Hotel Division and steady demand in the Travels & Tours segment.

Net profit for the quarter stood at ₹2,063.98 crore, compared to ₹1,790.05 crore for the same quarter last year, representing a significant increase of 15.3%. The Earnings Per Share (EPS) for the quarter is ₹2.42. Profitability was buoyed by effective cost management and recovery in post-Covid demand. However, operational costs totaled ₹12,616.00 crore, reflecting an increase of 11.6%, primarily attributed to rising employee benefits and material costs.

The balance sheet shows total assets of ₹72,859.20 crore with total liabilities totaling ₹31,628.19 crore, indicating a solid capital structure. The company is actively focused on strategic initiatives around expanding service offerings and managing operational efficiencies.

Market sentiment appears positive, driven by improved financial metrics and recovery phases post-pandemic. Given the current financial performance and proactive measures in place, it may be prudent for investors to consider a *buy* as the outlook remains favorable.