India Tourism Development Corporation reports standalone net loss of Rs 1.83 crore in the March 2017 quarter

Sales decline 11.83% to Rs 116.10 crore

Net loss of India Tourism Development Corporation reported to Rs 1.83 crore in the quarter ended March 2017 as against net profit of Rs 18.08 crore during the previous quarter ended March 2016. Sales declined 11.83% to Rs 116.10 crore in the quarter ended March 2017 as against Rs 131.67 crore during the previous quarter ended March 2016.

For the full year,net profit declined 46.56% to Rs 12.05 crore in the year ended March 2017 as against Rs 22.55 crore during the previous year ended March 2016. Sales rose 8.29% to Rs 471.78 crore in the year ended March 2017 as against Rs 435.67 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales116.10131.67 -12 471.78435.67 8 OPM %-9.3916.72 -3.295.06 - PBDT-3.0224.42 PL 37.2950.17 -26 PBT-5.5522.18 PL 29.4242.14 -30 NP-1.8318.08 PL 12.0522.55 -47

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