ETMarkets.comITDC's profit after tax during the first half of this fiscal stood at Rs 37.42 crore compared to the Rs 23.29 crore in the first half of the last financial year. As against quarter one, the turnover and the profit after tax in quarter two also grew by 11% and 10% respectively.
M. R. Synrem, managing director, ITDC, said ITDC is delighted to report a 'substantial' growth and 'outstanding' performance in H1 for the fiscal year 2023-24.
"This growth underscores ITDC's unwavering commitment to excellence, prudent financial management, and its steadfast dedication to providing value to its stakeholders. As ITDC continues its expansion within the tourism and hospitality sector, it remains firmly committed to fostering and advancing tourism in India while prioritizing sustainable growth and practices," he added.
Wednesday, 08 Nov, 2023
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In India, 200 M Users is a Relatively Small Number; We’ve Room to GrowSnap Inc, parent company of messaging app Snapchat, made news for doubling its user base in India to 200 million within the space of a year, buoyed by greater adoption of new products such as short video offering Spotlight that is taking on the likes of Instagram Reels and YouTube Shorts.
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