Latest news with #IndiaTourismDevelopmentCorporation
Business Upturn
6 days ago
- Business
- Business Upturn
ITDC Q1 Results: Revenue rises 7.77% YoY to Rs 87.74 crore, Net profit slips 16.82% YoY
India Tourism Development Corporation (ITDC) reported consolidated revenue from operations of Rs 87.74 crore for the quarter ended June 30, 2025, marking a 7.77% year-on-year increase from Rs 81.43 crore in the same period last year. Sequentially, revenue fell sharply from Rs 199.94 crore in Q4 FY25. Total income stood at Rs 93.39 crore in Q1 FY26, up from Rs 84.98 crore a year ago but down from Rs 204.50 crore in the previous quarter. Net profit for the quarter came in at Rs 9.75 crore, down 16.82% from Rs 11.72 crore in Q1 FY25 and significantly lower than Rs 24.53 crore in Q4 FY25. Profit before tax stood at Rs 12.51 crore, rising 29.8% YoY but falling from Rs 34.49 crore in the previous quarter. Expenses for the quarter increased marginally to Rs 80.88 crore from Rs 75.35 crore last year, with higher finance costs and depreciation partially offset by a decline in employee benefit expenses. The company continues to operate without any discontinued operations and remains focused on leveraging its hospitality and tourism assets across India to drive growth in the coming quarters. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Time of India
28-05-2025
- Time of India
Mussoorie-based travel writers and Gandhian activist honoured with Padma Shri
Mussoorie: Mussoorie-based travel writer duo Hugh Gantzer and Colleen Gantzer (posthumously), along with noted social activist Radha Bhatt , were awarded the Padma Shri on Tuesday. Hugh Gantzer told TOI, "It is a matter of great honour to receive this award, particularly because I understand that these awards are given based on recommendations by the people of India and only about 120 Padma awards are given each year out of a population of nearly 1.5 billion in our country. " He fondly remembered his late wife Colleen, noting that it was her love of travel that inspired their journey into travel writing. The couple began their career when they were commissioned to write a book on Kerala for the India Tourism Development Corporation. Over the next five decades, the Gantzers produced 52 documentaries for Doordarshan, authored over 30 books, and contributed travel columns to several leading English newspapers. Their work earned them six national accolades, including a National Tourism Lifetime Achievement Award, and two gold awards from the Pacific Asia Travel Association. In 2017, they also received commendation from the Prime Minister's Office for their pioneering contributions to travel writing. Radha Bhatt, often referred to as the 'Gandhian of the Hills,' was honoured for her lifelong commitment to women's empowerment and environmental conservation. Over seven decades, she established 25 Bal Mandirs (children's learning centres), benefitting more than 15,000 children. She also founded a vocational training school for women and launched innovative educational initiatives such as the 'One-Hour School' to provide girls with basic education and practical skills. In addition to her work in education, Bhatt played a crucial role in environmental preservation. Her efforts led to the planting of over 1,60,000 trees across Pithoragarh and Almora districts. She was a prominent figure in both the Chipko Movement and the Sarvodaya-Bhoodan Movement.
