India Tourism Development Corporation net profit declines 57.19% in the March 2008 quarter

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Updated: 22/05/2008 | 12:00 AM IST

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Net profit of India Tourism Development Corporation declined 57.19% to Rs 12.66 crore in the quarter ended March 2008 as against Rs 29.57 crore during the previous quarter ended March 2007. Sales declined 19.09% to Rs 149.19 crore in the quarter ended March 2008 as against Rs 184.38 crore during the previous quarter ended March 2007.

For the full year, net profit declined 11.66% to Rs 60.75 crore in the year ended March 2008 as against Rs 68.77 crore during the previous year ended March 2007. Sales declined 18.36% to Rs 435.80 crore in the year ended March 2008 as against Rs 533.82 crore during the previous year ended March 2007.

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