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Irctc revenue share

Web4,131 Likes, 11 Comments - Business Insider India (@businessinsiderin) on Instagram: "The Indian government has reportedly withdrawn its decision of asking 50% of ... 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 ...

Business Model of IRCTC How does IRCTC Make money

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. 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 … first south financial online banking login https://crown-associates.com

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

Web1 day ago · Apr 14, 2024 (Heraldkeepers) -- The Online Food Delivery in Train Market research studies not only save you hours of effort but also give your work... 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. 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 … first south financial credit union in memphis

Business Model of IRCTC How does IRCTC Make money

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Irctc revenue share

Explained: What happened with IRCTC shares today

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 … 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.

Irctc revenue share

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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 … WebIndian Railway Ctrng nd Trsm Corp Ltd (IRCTC) Stock Price & News - Google Finance Home IRCTC • NSE Indian Railway Ctrng nd Trsm Corp Ltd Follow Share ₹572.40 Mar 31, 3:59:27 PM GMT+5:30...

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 ... 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.

WebMay 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. 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 …

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 …

WebThe 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.... campbell 11th circuitWebOct 29, 2024 · IRCTC shares tank 25% on asked to share convenience fee with Railways 1 min read . Updated: 29 Oct 2024, 10:21 AM IST Livemint IRCTC has been asked to restart sharing 50% convenience fee... camp beer menuWebOct 29, 2024 · In 2024-20, IRCTC earned Rs 352 crore from convenience fees and in 2024-21 it earned Rs 299 crore. Till August this year, the IRCTC had earned Rs 224 crore. Meanwhile, mixed global cues dented... campbell 1ps-bWebFeb 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 … first south internet bankingcampbell aero classics helmetsWebJan 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 ... camp beenWebOct 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 … first south korean president crossword