Integrated Filing — IndAS



General information about company

Scrip Code 532189
NSE Symbol ITDC
MSEI Symbol NA
ISIN INE353K01014
Name of company India Tourism Development Corporation Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 21-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 14-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 21-05-2026   12:00:00
End date and time of board meeting 21-05-2026   18:40:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 02-08-2024
Indicate Company website link for updated RPT policy of the Company https://itdc.co.in/wp-content/uploads/2024/08/RPT-Policy_2024.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 14,055.09 52,743.48
Other income 1,014.17 3,091.88
Total income 15,069.26 55,835.36
2 Expenses
(a) Cost of materials consumed 3,990.33 17,543.16
(b) Purchases of stock-in-trade 412.88 412.88
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 146.75 146.75
(d) Employee benefit expense 2,155.96 9,241.79
(e) Finance costs 53.89 167.97
(f) Depreciation, depletion and amortisation expense 173.70 678.68
(f) Other Expenses
1 Other Expenses 4,294.49 16,243.59
Total other expenses 4,294.49 16,243.59
Total expenses 11,228.00 44,434.82
3 Total profit before exceptional items and tax 3,841.26 11,400.54
4 Exceptional items 0.00 0.00
5 Total profit before tax 3,841.26 11,400.54
6 Tax expense
7 Current tax 1,003.56 3,147.97
8 Deferred tax (42.02) (193.64)
9 Total tax expenses 961.54 2,954.33
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 2,879.72 8,446.21
12 Profit (loss) from discontinued operations before tax (2.79) (58.44)
13 Tax expense of discontinued operations (0.71) (14.55)
14 Net profit (loss) from discontinued operation after tax (2.08) (43.89)
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 2,877.64 8,402.32
17 Other comprehensive income net of taxes 193.97 209.09
18 Total Comprehensive Income for the period 3,071.61 8,611.41
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 8,576.94 8,576.94
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 37,584.17
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.36 9.85
Diluted earnings (loss) per share from continuing operations 3.36 9.85
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 -0.05
Diluted earnings (loss) per share from discontinued operations 0 -0.05
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.36 9.8
Diluted earnings (loss) per share from continuing and discontinued operations 3.36 9.8
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 3,452.11
Capital work-in-progress 529.39
Investment property 0.00
Goodwill 0.00
Other intangible assets 0.74
Intangible assets under development 15.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 879.87
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other Financial Assets 147.92
Total of other non-current financial assets 147.92
Total non-current financial assets 1,027.79
Deferred tax assets (net) 4,720.04
Other non-current assets
1 Other Non - Current Assets 902.75
Total of other non-current assets 902.75
Total non-current assets 10,647.82
2 Current assets
Inventories 1,779.76
Current financial asset
Current investments 0.00
Trade receivables, current 11,189.89
Cash and cash equivalents 5,353.71
Bank balance other than cash and cash equivalents 21,444.09
Loans, current 3,293.10
Other current financial assets
Total of other current financial assets 10,051.31
Total current financial assets 51,332.10
Current tax assets (net)
Other current assets
1 Other Current Assets 15,239.47
Total of other current assets 15,239.47
Total current assets 68,351.33
3 Non-current assets classified as held for sale 89.14
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 79,088.29
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 8,576.94
Other equity 37,584.17
Total equity attributable to owners of parent 46,161.11
Non controlling interest
Total equity 46,161.11
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 (iii) Other Financial Liabilities 746.96
Total of other non-current financial liabilities 746.96
Total non-current financial liabilities 746.96
Provisions, non-current 0.00
Deferred tax liabilities (net)
Deferred government grants, Non-current 31.38
Other non-current liabilities
1 Other Non - Current Liabilities 32.13
Total of other non-current liabilities 32.13
Total non-current liabilities 810.47
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 564.71
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 7,341.55
Total Trade payable 7,906.26
Other current financial liabilities
1 (iii) Other Financial Liabilities 11,524.87
Total of other current financial liabilities 11,524.87
Total current financial liabilities 19,431.13
Other current liabilities 9,572.95
1 Other Current Liabilities 9,572.95
Total of other current liabilities 9,572.95
Provisions, current 3,106.81
Current tax liabilities (Net) 0.00
Deferred government grants, Current 5.82
Total current liabilities 32,116.71
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 32,927.18
Total equity and liabilites 79,088.29
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Hotel Division 8,804.02 33,969.73
2 International Trade Division 0.0043327 1,512.61
3 Travels &Tours 1,141.70 2,409.90
4 Engg,Consultancy Projects 0.0049977 0.0088009
5 Event Management,Hospitality & Tourism Management Institute& Others 4,190.01 17,063.03
Total Segment Revenue 15,068.77 55,835.36
Less: Inter segment revenue
Revenue from operations 15,068.77 55,835.36
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Hotel Division 2,605.59 8,750.17
2 International Trade Division 41.93 53.05
3 Travels &Tours 209.41 252.37
4 Engg,Consultancy Projects 322.24 340.68
5 Event Management,Hospitality & Tourism Management Institute& Others 771.64 2,172.24
Total Profit before tax 3,950.81 11,568.51
i. Finance cost 53.89 167.97
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax 3,896.92 11,400.54
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Hotel Division 15,728.50 15,728.50
2 International Trade Division 1,504.27 1,504.27
3 Travels &Tours 8,044.15 8,044.15
4 Engg,Consultancy Projects 2,737.98 2,737.98
5 Event Management,Hospitality & Tourism Management Institute& Others 52,866.63 52,866.63
Total Segment Asset 80,881.53 80,881.53
Un-allocable Assets 0.00 0.00
Net Segment Asset 80,881.53 80,881.53
4 Segment Liabilities
Segment Liabilities
1 Hotel Division 15,916.78 15,916.78
2 International Trade Division 651.63 651.63
3 Travels &Tours 6,375.03 6,375.03
4 Engg,Consultancy Projects 4,406.31 4,406.31
5 Event Management,Hospitality & Tourism Management Institute& Others 10,451.39 10,451.39
Total Segment Liabilities 37,801.14 37,801.14
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 37,801.14 37,801.14
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 I) Items that will not be reclassified to profit and loss 259.21 279.41
Total Amount of items that will not be reclassified to profit and loss 259.21 279.41
2 Income tax relating to items that will not be reclassified to profit or loss 65.24 70.32
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 193.97 209.09



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 11,400.54
Adjustments for reconcile profit (loss)
Adjustments for finance costs 167.97
Adjustments for decrease (increase) in inventories 17.22
Adjustments for decrease (increase) in trade receivables, current 213.21
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (3,057.40)
Adjustments for decrease (increase) in other non-current assets (823.58)
Adjustments for other financial assets, non-current 2.36
Adjustments for other financial assets, current 5,134.80
Adjustments for other bank balances 34.80
Adjustments for increase (decrease) in trade payables, current (4,346.70)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (477.54)
Adjustments for increase (decrease) in other non-current liabilities (1,292.19)
Adjustments for depreciation and amortisation expense 678.68
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 45.59
Adjustments for other financial liabilities, current 2,132.65
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 9.70
Adjustments for dividend income 0.00
Adjustments for interest income 1,884.41
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 764.67
Other adjustments for non-cash items (473.59)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (3,153.76)
Net cash flows from (used in) operations 8,246.78
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 1,185.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 7,061.78
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 9.75
Purchase of property, plant and equipment 1,004.04
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 50.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 1,414.58
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (7,726.85)
Net cash flows from (used in) investing activities (7,356.56)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 2,487.31
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (2,487.31)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (2,782.09)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents (9.70)
Net increase (decrease) in cash and cash equivalents (2,791.79)
Cash and cash equivalents cash flow statement at beginning of period 8,145.50
Cash and cash equivalents cash flow statement at end of period 5,353.71





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 HDSG & Associates Yes 21-05-2026


Financial details

Amount in (Lakhs)

Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 52,743.48 54,036.07
2 Total Expenditure 44,434.82 44,434.82
3 Net Profit/(Loss) 8,402.32 9,369.60
4 Earnings Per Share 9.8 10.92
5 Total Assets 79,088.29 80,380.88
6 Total Liabilities 32,927.18 33,252.50
7 Net Worth 46,161.11 47,128.39


Audit qualification

Amount in (Lakhs)

Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)
2 Textual Information(6) Qualified opinion Repetitive Textual Information(7) Textual Information(8) Textual Information(9) Textual Information(10)
3 Textual Information(11) Qualified opinion Repetitive Textual Information(12) Textual Information(13) Textual Information(14) Textual Information(15)
4 Textual Information(16) Qualified opinion Repetitive Textual Information(17) Textual Information(18) Textual Information(19) Textual Information(20)


Text Block

Textual Information(1) MSMED Act Compliances:

As per the information provided to us, the Company has identified suppliers registered under the MSMED Act, 2006, by obtaining confirmation from suppliers and information has been collated to the extent of information received.



In the absence of the requisite audit evidence, we are unable to determine the delay in making payment to MSME entities, liability of interest and compliance on such delayed payments in terms of provisions of MSMED Act.

Textual Information(2) Not quantified by Auditor
Textual Information(3) Not quantified by Management
Textual Information(4) All pending by issues have been majorly resolved, and compliances are in place. No major financial impact as on date.

Textual Information(5) N.A
Textual Information(6) Revenue from License fee

The Company has not generated invoices for license fees on licensees of units, viz. Ashok Hotel, Samrat Hotel & Taj Restaurant (units of ITDC) to the tune of Rs. 1292.59 lakhs during the year 2020-21 on account of Covid-19 pandemic, and hence not considered in Books of Accounts. The matter is still under consideration before the board of Directors of ITDC. Thus, the sale of services from license fees and trade receivables of the Company continued to be understated to this extent.

Textual Information(7)

Amount of Rs. 1,292.59 lakhs not booked as Revenue from Operations

Textual Information(8) N.A
Textual Information(9) N.A
Textual Information(10) N.A
Textual Information(11) Ashok Tours and Travels (ATT) Delhi

1. ATT had entered into a General Sales Agent (GSA) agreement with M/s Shree Plan Your Journey Pvt. Ltd. (SPYJ) in September 2019 for marketing of its travel-related business. Upon expiry of this agreement, SPYJ was again appointed as GSA through a fresh open tender process dated October 21, 2024. As per management, the terms and conditions of the new agreement are to be considered independently from the earlier arrangement. In respect of the GSA agreement dated September 2019, we observed the following points:

I. After the initial deposit of security of Rs. 300.00 lakh. The said amount was required to be increased additionally through the deposit of funds as and when required based on the business. As per the agreement, the evaluation is to be made by the Company on a monthly basis, and in case of its non-compliance, the issue of all travel-related services would be stopped till funds are received.

However, as at March 31, 2026, total amount receivable from the business conducted through the GSA amounts to Rs. 1,743.71 lakh, whereas, ATT has kept on HOLD only an amount of Rs. 1,560.38 lakh in the form of security deposit, bank guarantee, commission and other services payable to cover the outstanding limit. Hence, there is a deficit which is not in consonance with the terms of the agreement (dated September, 2019) and directive of the Board.

II. We observe that various conditions of the agreement with SPYJ were not complied &/or not enforced like credit limit, reconciliation, monthly evaluation, additional Bank Guarantee (BG) etc. Despite raising the issues in the previous years and also in the current year. There is periodical reconciliation of PLB from Airlines, identification of unlinked receipts, credit note delays, settlement of commission bills after receiving full payment from SPYJ clients, compliance of SoP etc. Separate reconciliation for compliance towards old agreement was not available on record. Above mentioned deficiencies have repercussions on timely compliance of TDS and provisions under GST Act.

III. Subsequently, vide notice dated January 27, 2026, management terminated the agreement for empanelment of GSA by Ashok Travels and Tours, pursuant to which the vendor discontinued the services. However the reconciliation/balance confirmation with the party are still pending on the date of report.

In view of the circumstances stated in para I , II and III above we are unable to comment on the final outcome of non-compliance of the terms of Agreement, reconciliation and/ or assessment of recoverability for the outstanding in the accounts pertaining to SPYJ / ATT customers and its consequential impact on the Standalone Financial Statements.













Textual Information(12) Not quantified by Auditor
Textual Information(13) Not quantified by Management
Textual Information(14) The Agreement has been terminated vide dated January 27, 2026. However

Reconciliation under progress and it will be completed during the next financial year.

Textual Information(15) N.A.
Textual Information(16) Ashok Tours and Travels (ATT) Delhi

During the year 2024-25, ITDC through its division - Ashok Travels & Tours (ATT), undertook a prestigious project to provide luxury tent accommodation and allied facilities during Maha Kumbh 2025 in Prayagraj. The project was executed through one of ATTs empanelled General Sales Agent (GSA) named M/s Zenith Leisure Holidays Ltd. further, Considering the special nature of assignment and business involved, ITDC has engaged, an independent Chartered Accountant (CA) firm to conduct reconciliation, verification, and certification of the project accounts and based on the interim report of such CA firm, income and expenses have been recognised in the financial statement for the period ended march 31, 2025. The outcome is subject to final report and reconciliation.



In the absence of the final report duly verified by the management not being made available to us, we were unable to verify the same hence in view of this the final impact of the same on the Standalone financial statement for the year ended 31st March 2026 could not be ascertained.



Textual Information(17)

Not quantified by Auditor

Textual Information(18)

Not quantified by Management

Textual Information(19) Reconciliation is under process and it will be completed during the next financial year.
Textual Information(20) N.A.


Signatories detail

Name of CEO / Managing director Mugdha Sinha
Name of CFO Lokesh Kumar Aggarwal
Name of audit committee chairman Vandana Jain
Name of statutory auditor Harbir Singh Gulati
Name of other signatory, if any, with designation
Place New Delhi
Date 21-05-2026


Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 India Tourism Development Corporation Limited Pondicherry Ashok Hotel Corporation Limited Subsidiary Company Investment N.A. 0.00 81.60 81.60
2 India Tourism Development Corporation Limited Ranchi Ashok Bihar Hotel Corporation Limited Subsidiary Company Investment N.A. 0.00 249.88 249.88
3 India Tourism Development Corporation Limited Utkal Ashok Hotel Corporation Limited Subsidiary Company Investment N.A. 0.00 469.00 469.00
4 India Tourism Development Corporation Limited Punjab Ashok Hotel Company Limited Subsidiary Company Investment N.A. 0.00 79.39 79.39
5 India Tourism Development Corporation Limited Punjab Ashok Hotel Company Limited Subsidiary Company Loan Approved 0.00 0.51 0.51 Loan 9.00 NOT CERTAIN Unsecured PAYMENT TOWARDS DUES
6 India Tourism Development Corporation Limited Ranchi Ashok Bihar Hotel Corporation Limited Subsidiary Company Loan Approved 40.00 854.79 894.79 Loan 9.00 NOT CERTAIN Unsecured PAYMENT TOWARDS STATUTORY DUES, SECURITY AGENCY AND OTHER MISC EXPENSES
7 India Tourism Development Corporation Limited Utkal Ashok Hotel Corporation Limited Subsidiary Company Loan Approved 10.00 1,083.82 1,093.82 Loan 9.00 NOT CERTAIN Unsecured PAYMENT TOWARDS STATUTORY DUES, SECURITY AGENCY AND OTHER MISC EXPENSES
8 India Tourism Development Corporation Limited Punjab Ashok Hotel Company Limited Subsidiary Company Interest received Approved 0.04 0.06 0.10
9 India Tourism Development Corporation Limited Ranchi Ashok Bihar Hotel Corporation Limited Subsidiary Company Interest received Approved 72.45 170.43 242.88
10 India Tourism Development Corporation Limited Utkal Ashok Hotel Corporation Limited Subsidiary Company Interest received Approved 88.19 972.79 1,060.98
11 India Tourism Development Corporation Limited Pondicherry Ashok Hotel Corporation Limited Subsidiary Company Any other transaction Amount recoverable N.A. 5.93 68.80 74.73
12 India Tourism Development Corporation Limited Ranchi Ashok Bihar Hotel Corporation Limited Subsidiary Company Any other transaction Amount recoverable N.A. 0.23 3.35 3.58
13 India Tourism Development Corporation Limited Utkal Ashok Hotel Corporation Limited Subsidiary Company Any other transaction Amount recoverable N.A. 0.19 64.02 64.21
14 India Tourism Development Corporation Limited Punjab Ashok Hotel Company limited Subsidiary Company Any other transaction Amount recoverable N.A. 0.99 48.93 49.92
15 India Tourism Development Corporation Limited Pondicherry Ashok Hotel Corporation Limited Subsidiary Company Any other transaction Management and supervision income N.A. 23.57 189.94 213.51
16 India Tourism Development Corporation Limited Ranchi Ashok Bihar Hotel Corporation Limited Subsidiary Company Any other transaction Management and supervision income N.A. 0.30 1.26 1.55
17 India Tourism Development Corporation Limited Utkal Ashok Hotel Corporation Limited Subsidiary Company Any other transaction Management and supervision income N.A. 0.30 26.72 27.02
18 India Tourism Development Corporation Limited ITDC Gratuity Fund Trust Trust Any other transaction Contribution to Gratuity N.A. 1,306.61 5,339.99 5,874.24
19 India Tourism Development Corporation Limited ITDC Provident Fund Trust Trust Any other transaction Contribution to PF N.A. 1,632.00 0.00 0.00
Total value of transaction during the reporting period 3,180.80