Ministry of Railways has conveyed its decision to the company to share 50% of the conveyance fees charged with the government, says #IRCTC.

#IRCTC
Expectations(Govt): from now i will make more money from IRCTC
50% of future convenience fee would be 400-500 Cr at best. (Pre Pandemic 100% was 620 Cr)

Reality: (Mcap) Value erosion in IRCTC & Damaging Monopoly sentiment
every 1% fall in IRCTC stock price will hit GOI by 490cr for its 67% stake
So a 10% fall will hit GOI by 4900cr for its 67% stake

IRCTC begins Shri Ramayana Yatra special trains from Delhi: Check ticket price, tour dates, route and other details

#IRCTC

#IRCTC amongst top midcap gainers, up more than 5%

F&O #BAN

New in Ban:
1⃣ #IRCTC

Still in Ban:
2⃣ #BHEL
3⃣ #BOB
4⃣ #ESCORTS
5⃣ #IBHSGFIN
6⃣ #NATIONALUM
7⃣ #PNB
8⃣ #SAIL
9⃣ #SUNTV

Out of Ban:
None

#Railway Board asks #IRCTC to resume serving cooked meals to passengers on trains

#IRCTCofficial

#IRCTC, the catering and tourism arm of Indian Railways on Tuesday reported a consolidated net profit of ₹208 crore for the December quarter, up 166% from ₹78 crore reported in the last year period.

Linking the #AadhaarCard with the #IRCTC account is not needed for #booking up to 6 #railway tickets in a month, however, it is mandatory when booking over 6 tickets in a month.

#IRCTC doubled its profit and topline growth in the quarter ended March 2022 but it failed to cheer investors on Dalal Street on Tuesday.

#lic #irctc

#IRCTC Q4 net profit jumps 30% to Rs 279 crore, declares dividend of Rs 2

#JustIN | Due to technical reasons the #ticketing service is not available. Our technical team is resolving the issue. We will notify you as soon as the technical issue is fixed: #IRCTC tweets

#IRCTC is down but you can book train tickets at these new places

https://t.co/QRFxNuK4fT

#1QWithCNBCTV18 | #IRCTC reports #Q1 earnings.

▶️Net profit down 7% at ₹231 cr vs ₹248.5 cr (YoY)
▶️Revenue up 17.5% at ₹1,001.8 cr vs ₹852.6 cr (YoY)
▶️EBITDA up 6.9% at ₹343 cr vs ₹321 cr (YoY)
▶️Margin at 34.2% vs 37.6% (YoY) https://t.co/zimle0ayEu

#JustIn | #IRCTC signs agreement with Delhi Metro to provide metro tickets through its platform https://t.co/qxJSqvcHud

#CNBCTV18Market | #IRCTC buzzing in trade, stock up nearly 4% https://t.co/LsRDss8sAw

#IRCTC has partnered with Swiggy for the delivery of pre-ordered meals booked by passengers through the corporation's e-catering portal.

Service will available in 4 railway stations as of now –
Bengaluru
Bhubaneswar
Vijayawada
Visakhapatnam.

Investors in the Indian Railway Catering and Tourism Corp. Ltd (#IRCTC) are grappling with mixed emotions following the company's March quarter (Q4FY24) results.

#IRCTC reports #Q1Results👇

👉Net profit up 32.5% at ₹307.7 cr vs 232.2 cr (YoY)

👉Revenue up 11.8% at₹1,120.2 cr vs ₹1,001.8 cr (YoY)

👉EBITDA up 9.3% at ₹375 cr vs ₹343 cr (YoY)

👉Margin at 33.5% vs 34.2% (YoY)