ITDC posts Rs 9.42 crore profit last fiscal

NEW DELHI: India Tourism Development Corporation ( ITDC) has posted a profit after tax of Rs 9.42 crore for the fiscal 2013-14.

ITDC, a public sector undertaking under Tourism Ministry, registered a turnover of Rs 469.58 crore during the same period.

The Board of Directors, during their meeting today, also approved an annual dividend of Rs 4.29 crore, an ITDC release said.

The dividend amount is about 46 per cent of the company's profit after tax.

A Mini Ratna company, ITDC has been making profits for the last three years.

The Board has approved the annual accounts for the financial year 2013-14.

According to the release, ITDC has introduced the Balanced Score Card System ( BSC), a performance management tool that focuses on customer, employee, internal process and financial.