ITDC announces 21% dividend to shareholders
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India Tourism Development Corporation (ITDC) closed the year 2018-19 once again with the remarkable performance. The turnover of the corporation during the financial year 2018-19 stood at Rs. 371.72 crore as against Rs. 366.42 crore in 2017-18 (As per Ind AS). This was announced at the 54th AGM of ITDC in The Ashok, New Delhi. The meeting was chaired by Piyush Tiwari, CMD & Director (Commercial & Marketing) of ITDC.
The Total Comprehensive Income (TCI) has been recorded to Rs. 43.93 crore as against TCI of Rs. 13.22 crore in the previous year 2017-18, a jump of 232.29 per cent
The board has recommended a dividend of 21 per cent amounting to Rs. 18.01 crore approximately as compared to 18.5 per cent amounting to Rs. 15.87 crore in the previous year.