ITDC: Strong Financial Growth Follows Sustainability Efforts

ITDC reported a robust financial performance for FY 2024-25, with revenue from operations increasing by 12% to ₹565.20 crore, up from ₹503.45 crore in the previous fiscal year. The company's profit after tax (PAT) surged by 25% to ₹82.94 crore, compared to ₹66.17 crore in FY 2023-24, while profit before tax (PBT) reached ₹100.84 crore. The board has recommended a dividend of 29% (₹2.90 per share), totaling approximately ₹24.88 crore.

The Hotels Division achieved a turnover of ₹338.17 crore, and the Ashok Events Division saw its turnover increase to ₹153.86 crore, generating a profit of ₹15.85 crore. The Ashok International Trade Division recorded a turnover of ₹13.24 crore. ITDC continues its focus on sustainable practices, with 56% of procurement from Micro and Small Enterprises and all women employees covered under the Maternity Benefit Scheme. The Annual General Meeting is scheduled for September 16, 2025, via video conferencing.