India Tourism Development Corporation Reports Strong Q3 FY 2024-25 Results With Over 1.7 Million USD Revenue, Driving India's Tourism Growth

The India Tourism Development Corporation (ITDC), a premier public sector enterprise under the Ministry of Tourism, Government of India, has reported its financial results for the third quarter (Q3) of the fiscal year 2024-25. Reflecting its strong market position and continued focus on strategic growth, ITDC has posted a total revenue of INR 155.14 crores (1.7864 million USD) for Q3, marking a steady financial performance.

The company's Profit Before Tax (PBT) stood at INR 30.50 crores, while Profit After Tax (PAT) reached INR 21 crores, showcasing its ability to maintain profitability despite evolving market conditions. For the nine-month period ending December 31, 2024, ITDC reported a total revenue of INR 401.60 crores, with a PAT of INR 57.59 crores.

This strong performance aligns with India's growing focus on tourism-led economic development, a key agenda item in the Union Budget 2024-25, which has emphasized tourism as a major driver of employment and GDP growth.

India's tourism and hospitality industry has been witnessing a strong resurgence post-pandemic, fueled by increased domestic travel, international arrivals, and government-backed infrastructure projects. With tourism playing a crucial role in India's economy, ITDC has been leveraging emerging opportunities to enhance its market presence and drive value across multiple segments, including:

By diversifying its portfolio and adopting a forward-looking approach, ITDC aims to reinforce its leadership in the tourism sector, ensuring enhanced customer experiences, digital transformation, and service excellence.

With a clear focus on sustainable and technology-driven growth, ITDC is actively working on initiatives to:

As India gears up for a new era of tourism-driven economic expansion, ITDC remains committed to driving innovation in hospitality, facilitating seamless travel experiences, and delivering world-class services.

With robust financials and a strong market outlook, ITDC is well-positioned to capitalize on India's growing tourism sector. By aligning with government initiatives, leveraging technological advancements, and focusing on customer experience, ITDC is set to play a pivotal role in shaping the future of Indian tourism.

As the demand for travel, luxury experiences, and heritage tourism continues to rise, ITDC will keep expanding its portfolio, strengthening its services, and contributing to India's tourism-led economic transformation.