India Tourism Development Corporation Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- India Tourism Development Corporation Ltd reported a 2.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 11.9%.
- Its expenses for the quarter were down by 6.8% QoQ and up 10.5% YoY.
- The net profit decreased 13.4% QoQ and increased 14.5% YoY.
- The earnings per share (EPS) of India Tourism Development Corporation Ltd stood at 2.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 156.18 | 159.74 | 139.59 | -2.2% | 11.9% |
Total Expenses | 126.17 | 135.41 | 114.23 | -6.8% | 10.5% |
Profit Before Tax | 30.02 | 24.32 | 25.36 | 23.4% | 18.4% |
Tax | 9.27 | 0.49 | 7.42 | 1791.8% | 24.9% |
Profit After Tax | 20.64 | 23.83 | 18.03 | -13.4% | 14.5% |
Earnings Per Share | 2.40 | 2.80 | 2.10 | -14.3% | 14.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
India Tourism Development Corporation Ltd (ITDC) is a public sector undertaking under the Ministry of Tourism, Government of India. The company is primarily engaged in the hospitality, tourism, and travel sector. ITDC operates through various divisions, including hotels, catering, transport services, and duty-free shops. The corporation plays a significant role in promoting tourism in India and has been involved in numerous initiatives to enhance the country's tourism infrastructure. As of the latest updates, there are no specific major developments publicly available for the current period. The company continues to focus on enhancing its service offerings and expanding its reach within the tourism industry.
Revenue
In the third quarter of the fiscal year 2025, India Tourism Development Corporation Ltd reported a total income of ₹156.18 crores. This represents a slight decline of 2.2% compared to the previous quarter's total income of ₹159.74 crores. However, when analyzed on a year-over-year basis, there is an 11.9% increase compared to the same quarter in the fiscal year 2024, when total income was ₹139.59 crores. This growth reflects the company's ability to generate higher revenue streams over the year, despite the quarterly fluctuations.
Profitability
The profitability metrics for ITDC in Q3FY25 show a mixed performance. The company achieved a profit before tax of ₹30.02 crores, marking a significant quarter-over-quarter increase of 23.4% from Q2FY25, where the profit before tax was ₹24.32 crores. On a year-over-year basis, the profit before tax increased by 18.4% from ₹25.36 crores in Q3FY24. Despite the increase in profit before tax, the profit after tax for Q3FY25 was ₹20.64 crores, reflecting a decrease of 13.4% from the previous quarter's ₹23.83 crores. This decline in profit after tax is partly due to a substantial increase in tax expenses, which rose to ₹9.27 crores in Q3FY25 from ₹0.49 crores in Q2FY25. Year-over-year, the profit after tax increased by 14.5% from ₹18.03 crores in Q3FY24, indicating overall profitability improvement over the year.
Operating Metrics
The earnings per share (EPS) for ITDC in Q3FY25 stood at ₹2.40, which is a decrease of 14.3% compared to the previous quarter's EPS of ₹2.80. Year-over-year, the EPS increased by 14.3% from ₹2.10 in Q3FY24. Total expenses for the quarter amounted to ₹126.17 crores, showing a reduction of 6.8% from ₹135.41 crores in the previous quarter, but a 10.5% increase from ₹114.23 crores in Q3FY24. These metrics reflect operational adjustments and cost management over the quarters. The data does not provide specific figures for key financial ratios such as the P/E ratio, debt-to-equity ratio, or current ratio. However, the available data suggests a focus on revenue growth and expense management to support profitability.
