India Tourism Development Corporation (ITDC) today posted net loss of Rs 12.40 crore for the quarter ended December,2010. In the same period of previous fiscal,the company had registered a net profit of Rs 2.32 crore,it said in a filing to the Bombay Stock Exchange (BSE). ITDCs net sales grew by 18.8 per cent at Rs 97.63 crore for the quarter ended December 2010,compared to Rs 82.18 crore in the same quarter of 2009. The companys scrips closed at Rs 104.5 per share on the BSE,up 4.97 per cent from the previous close.
