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IRCTC CATERING REVENUE
IRCTC Q2 Results: Profit declines 23% YoY to Rs 264 crore, revenue rises 16%IRCTC reported a 22.9% year-on-year decline in Q2FY27 consolidated net profit to Rs 263.6 crore, despite 16.3% revenue growth. Margins cont...- State-owned Balmer Lawrie to demerge Travel & Vacations unitBalmer Lawrie's board approved demerging its travel unit into a subsidiary. This move aims for operational agility and significant revenue ...
- Railway stocks: Over 2 years of correction; time to relook without bias? 7 stocks with downside to upside potential of -28% to 32%A sector-wide correction usually does one job. It takes the froth off and leaves the good businesses standing where they should be. The two...
- I can see only growth, growth and growth for IRCTC: Sanjay Kumar JainSanjay Kumar Jain, CMD of IRCTC, discussed the growth levers for the company, including catering, tourism, state government partnerships, a...
- IRCTC's revenue 'reduced drastically' in 2020-21 due to Covid-related restrictions: GovtReplying to a query in Lok Sabha, Vaishnaw said in 2019-2020, the Indian Railway Catering and Tourism Corporation earned Rs 2,342.41 crore,...
- Taking over from IRCTC, railways to now open over 100 food plazas at stations to generate revenueOfficials in the know suggest that the IRCTC has been unable to set up these food courts primarily because of high licence fee, high rate o...
- IRCTC asked to restart sharing 50 pc convenience fee with Railway MinistryIn a regulatory filing on Thursday, IRCTC informed SEBI that the Railways has said the revenue-sharing arrangement would be enforced from N...
- IRCTC Q4 results: Net profit tanks 23% YoY to Rs 104 cr, misses estimates; firm to pay Rs 5 dividendThe railway ticket booking company reported a 41.2 per cent year-on-year fall in revenue from operations to Rs 338.8 crore, which was also ...
- Buy IRCTC, target price Rs 1,290: Spark CapitalThe brokerage believes there could be a further upside of Rs 50 per share considering the option value derived from participating in the pr...
- IRCTC’s strong business model makes its IPO a good long-term investmentThe IPO is an offer-for-sale with the Centre divesting 12.6 per cent stake in the company.
- IRCTC sold Rs 28,475 crore train tickets, e-ticket sales up 14%A year ago, it had lost revenues of Rs 575 crore due to the same reason, which means it had to forego nearly Rs 1,268 crore in ticketing re...
- Railways spends more, earns little from e-catering services: Data presented in ParliamentMinister of State for Railways Rajen Gohain said in a reply to an unstarred question that in 2014-2015, the railways earned a revenue of Rs...
- IRCTC to charge portals a fee on each ticket’s saleIRCTC is a subsidiary of the Indian Railways and handles the catering, tourism and online ticketing operations of the parent.
- IRCTC eticketing sales hit by service charge withdrawalThe government’s decision to withdraw service charge on etickets, to promote digital payments, cost IRCTC a steep drop in internet ticketin...
- Service charge waiver on rail ticket booking may hit IRCTC listing plans“The listing potential of the company will come down since it will not be profitable anymore,” a top rail ministry official said.
- Service charge makes up third of revenue for IPO-bound IRCTCIRCTC charges Rs 40 on every ticket booked in air-conditioned classes. For sleeper class, a service charge of Rs 20 is levied.
- IRCTC net profit jumps 44% to Rs 189 crore in FY16Govt-owned portal sells train tickets worth Rs 24,022 crore during the year, although growth halves to 17% from a year earlier
- IRCTC ties up with TravelKhana.com for providing foodExpanding the e-catering base, Indian Railways Catering and Tourism Corporation (IRCTC) has tied up with TravelKhana.com for providing food...
- IRCTC registers over Rs 700-crore earningsIRCTC bounced back with over Rs 700-cr earnings, driven by a focus on expanding biz like catering for corporate clients, tour packages & e-...
- IRCTC moves beyond Railways into online air ticketing and catering services for corporatesMost well-known in the eyes of the public as the company which runs the widely used railways e-ticketing site, the company also acted as ca...
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