International Travel House Limited announced that the Board of Directors of the company at its meeting held on April 16, 2016 have recommended a dividend of INR 4.25 per equity share of INR 10 each for the financial year ended March 31, 2016.

The company announced that the Board has taken on record the resignation of Mr. Arun Pathak, non-executive director effective April 16, 2016. The Board has appointed Mr. Jagdish Singh as an additional non-executive director, effective April 16, 2016.

The company reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, the company reported total income from operations of INR 488.543 million against INR 464.271 million a year ago. Profit from operations before other income and finance costs was INR 14.490 million against INR 49.687 million a year ago. Profit from ordinary activities before tax was INR 30.004 million against INR 60.707 million a year ago. Net profit for the period was INR 19.303 million against INR 48.511 million a year ago. Basic and diluted earnings per share were INR 2.41 against INR 6.07 a year ago.

For the year, the company reported total income from operations of INR 1,959.063 million against INR 1,806.294 million a year ago. Profit from operations before other income and finance costs was INR 143.742 million against INR 234.618 million a year ago. Profit from ordinary activities before tax was INR 197.473 million against INR 262.113 million a year ago. Net profit for the period was INR 128.862 million against INR 183.783 million a year ago. Basic and diluted earnings per share were INR 16.12 against INR 22.99 a year ago.