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(For reference only) Photograph: (Aniket Mandish_Unsplash)
Driving Travel, Hospitality And Events Across India
India Tourism Development Corporation (ITDC), a Public Sector Enterprise under the Ministry of Tourism, Government of India, has released its financial results for the third quarter of FY 2025–26, showcasing strong performance driven by enhanced operational efficiencies and increased demand across its core business segments.
In this quarter, ITDC reported a turnover that represents a 54 per cent rise compared to the previous quarter and a 28 per cent growth over Q3 of the previous year, highlighting both quarter-on-quarter progress and sustained financial discipline. The results reflect consistent momentum across the Corporation’s comprehensive travel, tourism, and hospitality ecosystem, which operates on a fully integrated, end-to-end model encompassing hospitality, air travel, premium car and coach rentals, event management, duty-free operations, tourism infrastructure development, and capacity building within the hospitality sector.
Q3 FY 2025–26 witnessed positive traction across core focus areas, particularly event management, travel & tours, MICE, weddings and institutional catering, reinforcing ITDC’s evolving role as a comprehensive tourism services provider. The Corporation also strengthened technology integration and data-led decision-making, with focused efforts towards digital systems, analytics and customer-centric service delivery.
Commenting on the results, Mugdha Sinha, IAS, Managing Director, ITDC, said, “As ITDC advances into the next phase of its growth journey, coinciding with the Corporation’s 60th year of operations and 70 years of The Ashok, it continues to prioritise strategic transformation, digital enablement, asset optimisation and sustainability -led practices. These initiatives are expected to support improved efficiencies, enhance stakeholders value and long-term sustainable growth, aligned with the Government’s vision for tourism development. As we move ahead,towards Amrit Kaal, we remain committed to balancing ITDC’s legacy with innovation and collaborative models that support tourism ecosystem.”
ITDC’s quarter-on-quarter improvement is driven by strengthened operational planning, sharper business alignment and an increased emphasis on personalised and integrated service delivery, while focussing on optimising asset performance and driving demand-led growth.