India Tourism Development Corporation Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

India Tourism Development Corporation's board has approved its consolidated financial results for the quarter. Revenue from operations rose to ₹87.75 Cr, up from ₹81.43 Cr last year. Net profit for the period was ₹9.75 Cr, compared to ₹11.72 Cr in the prior year, with basic EPS at ₹1.14.

Strategically, the company continues its divestment plans for various hotel properties like Hotel Ashok and Hotel Kalinga Ashok, with discussions ongoing. A merger with Kumarakruppa Frontier Hotels is also under consideration. Auditors flagged concerns over receivables at its Ashok Tours and Travels unit. Notably, the board directly approved results as the audit committee lacked the required quorum.