Irctc revenue share

Author: wnaz

August undefined, 2024

WebOct 29, 2024 · The Indian Railways has issued a letter to the Indian Railway Catering and Tourism Corp Ltd ( IRCTC ), withdrawing its decision to share revenue of IRCTC's convenience fee, the company said... WebDec 14, 2024 · In 2024-22, the IRCTC earned Rs 1,952.30 crore. IRCTC 's revenue "reduced drastically" by almost 64 per cent during 2024-21 as compared to 2024-20 due to Covid-related travel restrictions, Railway Minister Ashwini Vaishnaw said on Wednesday. He added that the revenue increased gradually after the situation normalised.

Stock_lala on Instagram: "Indian Railway Catering and Tourism ...

WebNov 1, 2024 · “If the IRCTC share 50% revenue with the railways then the net impact of it on IRCTC earnings would be ~23-25%. Also, one of the biggest risks for IRCTC is that the government controls the fees charged by it to the public and has the authority to change it which could lead to its resultant impact on IRCTC financials,” he said. WebDec 4, 2024 · IRCTC’s highest earning comes from its catering business, which accounts for 55% of its total revenue, online ticket booking accounts for 12.3% of its revenue, which is … cumulative emotional harm

IRCTC, Railway Ministry discussing new revenue share …

WebFeb 15, 2024 · Revenue: Rs 918 crore, up 70% year on year. Dividend: Rs 3.50 per share. IRCTC declared its Q3FY23 results last week. Both the topline and bottomline increased … WebIndian Railway Catering And Tourism Corporation Limited Share Price Today, Live NSE Stock Price: Get the latest Indian Railway Catering And Tourism Corporation Limited news, … WebDec 20, 2024 · On 15 December 2024, the government of India announced that they will divest a 5% stake from IRCTC via an OFS. The promoter proposed to sell up to 2.5% of the total issued and paid-up equity share ... cumulative enlisted service definition

Ministry of Railways withdraws decision to share …

Business Insider India on Instagram: "The Indian government has ...

WebAug 11, 2024 · IRCTC Q1 Results: IRCTC announced its April-June quarter results for the financial year 2024-22, reporting a net profit of Rs 82.52 crore, compared to a net loss of Rs 24.60 crore in the year-ago ... WebIRCTC. 581.30 2.00 % (+11.40) Place Order. Scorecard. Performance. Low. ... Price, revenue & earnings forecasts represent where the stock level, business prospects and profits are potentially expected to be at the end of the forecast period. Forecasts ... Earnings Per Share Forecast. 2024. Current easy and tasty snacks recipesWebOct 28, 2024 · Giving a major shock to its shareholders, government-promoted IRCTC announced on Thursday that it will have to share 50 per cent of the revenues earned from convenience fee collected by it with... cumulative energy of team called synergy

"WebOct 29, 2024 · The move will have an instant impact on IRCTC as it will shave off 50 per cent of its convenience fee revenues generated from its biggest revenue contributor – internet ticketing. Analysts expect an … " - Irctc revenue share

Irctc revenue share

Indian Railway Ctrng nd Trsm Corp Ltd (IRCTC) Stock …

Web4 Likes, 0 Comments - Stock_lala (@stock_lala) on Instagram: "Indian Railway Catering and Tourism Corporation (IRCTC) on February 9 reported a 22.3% on-year ju..." Stock_lala on Instagram: "Indian Railway Catering and Tourism Corporation (IRCTC) on February 9 reported a 22.3% on-year jump in its standalone net profit at Rs 256 crore for the ... WebOct 29, 2024 · IRCTC earned Rs 299.13 crore from the convenience fee during 2024-21, according to the annual report. This was the highest revenue earner for IRCTC in 2024-21 …

Did you know?

WebAug 18, 2024 · IRCTC’s total revenue for FY20 was INR 2353.53 crore with a net profit of INR 528.57 crore. As of 2024, the company’s net assets are valued at US $460 million with … WebOct 29, 2024 · In 2024-2024, which was a non-pandemic year, 27 per cent of IRCTC’s revenues came from internet ticket bookings, while they had a 71 per cent share in earnings before interest and taxes (EBIT), compared to 17 per cent, 8 per cent, and 3 per cent share in EBIT that catering, packaged drinking water, and travel and tourism had, respectively.

WebNSE IRCTC. Market closed Market closed. At close . No trades. See on Supercharts. Overview News Ideas Financials Technicals . Forecast . Price target. 578.83 0.00 0.00%. The 6 analysts offering 1 year price forecasts for IRCTC have a max estimate of — and a min estimate of —. ... Revenue. Annual Quarterly More WebNov 5, 2024 · At present, the government’s 67.4% stake in IRCTC is worth Rs 45,600 crore. Over the past year, the IRCTC stock, a favourite of retail investors, has gained more than 200%, though it is down 30% from all-time high. IRCTC …

WebIRCTC has an Inventory turnover ratio of 259.806390522729 which shows that the management is efficient in relation to its Inventory and working capital management. … WebOct 29, 2024 · In FY21, IRCTC earned ₹299 crore from this segment, which is almost 40% of its revenue from operations of ₹783 crore. At 11:11 a.m. shares of the company were trading 4% lower at 875.95 per share.

WebOct 28, 2024 · The new revenue-sharing arrangement would be enforced from November 1, IRCTC said in its filing on October 28. The company is a monopoly in the Indian railways …

WebApr 11, 2024 · IRCTC share price was Rs 584.90 as on 11 Apr, 2024, 03:59 PM IST. IRCTC share price was up by 0.62% based on previous share price of Rs 569.9. IRCTC share price … easy and tasty recipesWebOct 30, 2024 · IRCTC will be sharing its revenue with the Government. In a recent development, the Ministry of Railways has ordered the Indian Railway Catering and … cumulative exam edgenuity answers mathWebJan 21, 2024 · What IIFL recommends for the PSU stock. 1 min read . Updated: 21 Jan 2024, 01:06 PM IST Livemint. IRCTC shares have rallied nearly 200% in a year. If the govt sells further stake in IRCTC, a ... cumulative emissions meaningWebOct 29, 2024 · The railway ministry had informed IRCTC that the revenue-sharing plan would be applicable from November 1. IRCTC’s annual report indicated that it earned Rs 299.13 … cumulative exam edgenuity english 4WebOct 28, 2024 · IRCTC to share 50% revenue from convenience fee with Indian Railways The revenue-sharing arrangement would be enforced from November 1, IRCTC said in a … cumulative error in forecastingWebThe iPAY revenue was ₹ 27 crore of which IRCTC’s share is ₹ 10.7 crore. 4. The bus ticketing revenue was Rs4.51 crore of which IRCTC’s commission and convenience fee stood at ₹ 32 lakh.... cumulative essay meaningWebOct 29, 2024 · The Indian Railways has issued a letter to the Indian Railway Catering and Tourism Corp Ltd ( IRCTC ), withdrawing its decision to share revenue of IRCTC's … cumulative exam edgenuity quizlet english