The decision for the payment of Dividend was taken during 49th Annual General meeting of ITDC .The Corporation has closed the year with an all round increase in the performance as compared to the previous financial years. The turnover of the corporation has increased by 6.57% to Rs. 470 crore approximately. The net profit before tax increased by 118% to Rs. 11.93 crore while profit after tax increased by 214% to Rs. 9.42 crore.
The corporation has also declared a dividend of 5% amounting to Rs. 4.29 crore approximately 45.5% of net profit which is as recommended by the Board in the meeting held earlier last year.
ITDC was incorporated in 1966 with a mandate to develop and expand tourism infrastructure in the country. Today, the Corporation offers a bouquet of services with its business activities ranging from Hotel Accommodation, Catering, Transport, Travel Agency, Consultancy, Manpower Training, Duty Free shops and event Management to allied activities such as execution of tourism and engineering projects, promotion of tourism via sound and light shows amongst others.