Irctc revenue sharing

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August undefined, 2024

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. WebOct 29, 2024 · Indian Railway Catering and Transportation Corporation ( IRCTC ), owned 67 per cent by the government, announced on Thursday that it has received a letter from the Ministry of Railway mandating it to share …

Railway ministry asks IRCTC to share 50% of revenue from …

WebFeb 13, 2024 · Updated: 13 Feb 2024, 02:00 PM IST Livemint IRCTC e-ticket booking facility fetched a bumper revenue in the December. Photo: Mint The revenue from IRCTC e-ticket … WebOct 29, 2024 · IRCTC shares surged 15 per cent to Rs 949.65 on the BSE in intra-day trade on Thursday after the scrip had turned ex-stock split (sub-division of equity shares). IRCTC shares had hit a record... grapefruit seed extract drug interaction

Two companies bid to operate private trains; IRCTC may ... - MoneyControl

WebIRCTC Share Price, Financials and Stock Analysis Indian Railway Catering And Tourism Corporation Ltd. NSE: IRCTC BSE: 542830 SECTOR: Travel Services 1103k 10k 2k 569.85 +3.10 (0.55%) NSE: 06 Apr 4:00 PM Price Summary Today's High ₹ 572.50 Today's Low ₹ 566.75 52 Week High ₹ 809 52 Week Low ₹ 557 FinStar Ownership Stable WebOct 29, 2024 · New Delhi, October 29 The Railways has asked its online ticketing arm IRCTC to share 50 per cent of its revenue earned as convenience fee from bookings on its website with the national... WebOct 29, 2024 · In a regulatory filing on Thursday, IRCTC informed SEBI that the Railways has said the revenue-sharing arrangement would be enforced from November 1. Convenience fees charged from customers... grapefruit seed extract gse

IRCTC Ordered To Share Revenues With Govt; Will It Impact IRCTC Share

How does IRCTC make money Business Insider India

WebJul 10, 2024 · IRCTC's board has also recommended a final dividend of Rs 2.50 per equity share of face value of Rs 10 each for the financial year 2024-2024 (25 per cent of the paid-up share capital of Rs 160 ... WebJul 6, 2024 · Private players to begin rail passenger services by April 2024, will run only 5% of trains: Railways. Private train operations in the country will begin by April 2024, and the ticket fares in ... grapefruit seed extract histamine intoleranceWebOct 28, 2024 · MUMBAI: The Ministry of Railways has through a letter asked Indian Railways Catering and Transportation Corporation to share 50 per cent of the revenue from the … grapefruit seed extract drops

"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 Tourism Corporation (IRCTC) to share 50% of the ... " - Irctc revenue sharing

Irctc revenue sharing

IRCTC: Should investors book profits or it is still a multibagger ...

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. WebFeb 15, 2024 · IRCTC revenue has surged 70% year on year to Rs 918 crore for Q3FY23. In the year-ago period, the revenue reported by the company was Rs 540 crore. In the September quarter, the revenue was Rs 806 crore, which increased 13% sequentially. The revenue is higher than the brokerage (Prabhudas Lilladher) estimate of Rs 879.10 crore.

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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 total equity being US $ 190 million. 🔍Insights Business Model Revenue model irctc Railway indian railway railway booking booking travel. 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 …

Web4,131 Likes, 11 Comments - Business Insider India (@businessinsiderin) on Instagram: "The Indian government has reportedly withdrawn its decision of asking 50% of ... WebApr 1, 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 …

WebDec 4, 2024 · IRCTC Share Price Target for 2027. 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 growing at the rate of 13% every year. 35% of the company’s total revenue comes from its tour package business. 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 29, 2024 · Earlier on Thursday evening, the Railways had asked IRCTC to share 50 per cent of its revenue earned as convenience fee from bookings on its website with the …

WebOct 28, 2024 · In FY21, IRCTC earned ₹299 crore from this segment, which is almost 40% of its revenue from operations of ₹783 crore. So far, IRCTC did not share revenues from this segment with the Indian ... chippewa pull on boots 20077WebNov 5, 2024 · IRCTC, Railway Ministry discussing new revenue share model where interest of minority shareholders will be protected: Sources Given the sharp market reaction, … grapefruit seed extract fresh thymeWebOct 28, 2024 · New Delhi: Indian Railways Catering and Tourism Corporation (IRCTC) will share 50 per cent of the revenue from the convenience fee with it, the company said … chippewa public school london grapefruit seed extract high blood pressureWebOct 29, 2024 · The Indian Railways Catering and Tourism Corporation’s (IRCTC) revenue-sharing arrangement would be enforced from November 1, it said in a regulatory filing on … grapefruit seed extract for yeast infectionWebOct 30, 2024 · The revenue sharing system was later suspended for three years from 2016 The convenience fee mechanism is the highest revenue earner for the IRCTC. In 2024-21, … chippewa pull on boots menWebOct 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 … chippewa pull on work boots