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Aug 18, 2021 · As of 2021, the IRCTC makes most of its profit from e-ticketing and catering services as it provides 63% and 22% of the total revenue respectively. Travel and tourism contribute to 7% of the revenue with packaged water about 8%.
The recovery of IRCTC’s business, and therefore its share price, will depend on where it makes most of its money from. There are five segments— ticketing, rail neer, catering, tourism and ...
May 21, 2021 · Did You know, IRCTC is not running the Railways in India, it only provides ticket booking, catering, water, and tourism services to the passengers and earns profit. Read the article on IRCTC Business Model.
Jul 26, 2022 · IRCTC was initially entirely owned by the Government of India, but in 2019 it has been listed on the National Stock Exchange, with the Government still maintaining majority ownership. The government owns about 67% of ownership in IRCTC. IRCTC is the only enterprise that is authorised to supply specific services to the Indian Railways.
Jun 7, 2022 · IRCTC earns ~2200 Cr in revenue, with 40% profits! Such high margins are unheard of, in e-commerce. So, here's a business break down of this government controlled monopoly.
May 27, 2024 · Ticketing: IRCTC levies a fee for each reservation and sells between 25 and 26 million rail tickets monthly on average. It also makes money from a credit card that is co-branded with SBI Cards. Rail neer: IRCTC accounts for over 8% of the company’s overall revenue, selling over 34 million bottles on average each month.
May 2, 2023 · Industry Overview. IRCTC – Financials. Revenue and Net Profit Growth. Operating and Net Profit Margins. Return Ratios: RoCE and RoE. Debt/Equity and Interest Coverage. Future Plans of IRCTC. Key Metrics Of IRCTC. In Conclusion. Fundamental Analysis of IRCTC. We’ll start our study by briefly getting ourselves acquainted with the company.
The Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday saw its share price hit a new high of ₹ 6287.95, rising by as much as 7.1 per cent. At 9:20am, it was trading at 6283.50 on...
Jul 16, 2021 · IRCTC might be a ticketing company, but they make most of their revenues from the catering segment. And back in 2017, the government introduced a policy change that put IRCTC in the driving seat once again.
May 31, 2022 · Indian Railway Catering and Tourism Corporation (IRCTC) more than doubled its profit and topline growth in the quarter ended March 2022 following a four-fold revenue boost in the catering business. However, it failed to cheer investors on Dalal Street on Tuesday.
