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. WebOct 29, 2024 · Sharing started in 2014 in the ratio of 80:20 between IRCTC and the Indian Railways. Monday onwards, half the revenue that accrues to Indian Railway Catering and Tourism Corporation (IRCTC) through the convenience fee on train tickets will go to the Ministry of Railways. Officials in the know told Business Standard IRCTC’s management …
Railway Ministry asks IRCTC to restart sharing 50% convenience fee
WebOct 29, 2024 · 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 transporter, an arrangement... 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 … blue and purple backgrounds
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Web4,131 Likes, 11 Comments - Business Insider India (@businessinsiderin) on Instagram: "The Indian government has reportedly withdrawn its decision of asking 50% of ... 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 · 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 … blue and purple blend