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Irctc revenue share

WebJul 26, 2024 · Two companies bid to operate private trains; IRCTC may win three clusters The absence of a regulator, payment of haulage charges in addition to sharing revenue, and curbs on route flexibility... WebNov 1, 2024 · Even if Rail Ministry takes away half the revenue, IRCTC's bottom line won't change much, says official. Enter the characters shown in the image. lndian Railway Catering and Tourism Corporation (IRCTC) reported a near five-fold increase in net profit to Rs 154.83 crores in the second quarter of financial year 2024-22.

IRCTC Share Price Today (13 Apr, 2024) - IRCTC Share Price Live …

WebFeb 18, 2024 · 3. Depending on the needs of its business model, IRCTC gets to decide the number of stoppages it wants to afford on a route. For instance, the Lucknow-Delhi Tejas Express has two stops, whereas ... 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 … murdoch\u0027s sporting goods https://lerestomedieval.com

IRCTC, Railway Ministry discussing new revenue share …

WebOct 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 … WebAug 11, 2024 · The Indian Railways Catering and Tourism Corporation (IRCTC) announced its April-June quarter results for the financial year 2024-22, reporting a net profit of ₹ … WebFeb 1, 2024 · Updated: 01 Feb 2024, 11:50 AM IST Asit Manohar. Budget 2024: IRCTC shares may go up to ₹ 1400 per share levels in long-term, believe stock market experts. IRCTC shares: In budget 2024 speech ... murdoch\u0027s snow shovels

Govt seeks 50% share of IRCTC convenience fee - @businessline

Category:Indian Railway Catering and Tourism Corporation Ltd - Tickertape

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Irctc revenue share

IRCTC Q3 Results: What effect will the results have on the IRCTC …

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 ... 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 …

Irctc revenue share

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WebJul 10, 2024 · Indian Railway Catering and Tourism Corporation (IRCTC), the ticketing arm of Indian Railways, on Friday reported a sharp jump of 71.3 per cent in its net profit at Rs 528.57 crore for the full...

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 … WebOct 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 …

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. 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, …

WebJun 25, 2024 · Rail neer: IRCTC on an average sells over 34 million bottles in a month and it forms around 8% of the total revenue for the company. Catering: The catering business …

WebOct 29, 2024 · IRCTC share price plummeted 15% on Friday morning to hit the lower circuit as the investors reacted to the government’s revenue sharing order that may cut the … how to open hp notebook laptop back coverWebMay 31, 2024 · IRCTC shares ended a two-day gaining streak and declined more than 2 percent in early deals. At 1:55 pm, it was trading 0.5 percent lower at Rs 691.20 on BSE. The downtrend in the IRCTC stock comes amid an overall negative trend in Asian markets. In 2024 (year-to-date), investors have lost 19 percent of their wealth in IRCTC’s stock. murdoch\u0027s trial liveWebAug 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 ... murdoch\\u0027s service plus rewardsWebIRCTC. 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 how to open hp 15 notebook pcWebOct 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. murdoch\u0027s sons run fox newsWebOct 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... how to open hrap 4WebDec 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. murdoch\\u0027s water tanks