Irctc revenue share

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August undefined, 2024

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. 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 Q1 FY22 Results: IRCTC Returns To Profit In June Quarter …

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 … 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 … simple book folding art

Govt seeks 50% share of IRCTC convenience fee

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.... 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 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. … simple book icon

IRCTC Revenue Sharing: Railway Ministry Withdraws …

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... 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 … ravini massage long beach caWebApr 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 … ravin lathigra

"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 ... " - Irctc revenue share

Irctc revenue share

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 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...

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WebFeb 3, 2024 · Irctc’s IPO came in 2024. and at that time the price of one of its shares was ₹ 320. This company is constantly giving good returns to its investors. Also, the company’s stock has given good returns of 213% to its shareholders in the last 1 year. Today,the share price of this company is around 850 rupees. 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 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. 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...

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 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 …

Web1 day ago · JPMorgan Chase on Friday reported first-quarter profit and revenue that roundly beat expectations. ... The New York-based bank posted a profit of $12.6 billion or $4.10 …

WebOct 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... ravinite hingeWebOct 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 company’s earnings by as much as 36%. ravinia yacht rock reviewWebOct 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... simplebooking codice promoWebNov 5, 2024 · IRCTC, Railway Ministry discussing new revenue share model where interest of minority shareholders will be protected: Sources Given the sharp market reaction, … simplebooking boccaWebOct 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... simple book folding patternsWebFeb 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 ... ravin jesuthasan mercerWebDec 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. simple booking zucchetti