Irctc revenue share

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August undefined, 2024

WebOct 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 … 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 …

Business Model of IRCTC How does IRCTC Make money

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 ... 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... henry boot developments bristol

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WebOct 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... 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... henry booth house 990

IRCTC share price deep in red, despite trimming intra-day losses; …

Indian Railway Catering and Tourism Corporation Ltd - Tickertape

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. 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 ... henry boot group of companiesWebAug 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 … henry boot developments limited manchester

"WebDec 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. " - Irctc revenue share

Irctc revenue share

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... 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 …

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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. 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 convenience fee, the company said...

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 … 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 company’s earnings by as much as 36%.

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 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 …

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 …

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 ... henry booth houseWebOct 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 … henry booth house attendance on demandWeb4,131 Likes, 11 Comments - Business Insider India (@businessinsiderin) on Instagram: "The Indian government has reportedly withdrawn its decision of asking 50% of ... henry boothWebOct 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 … henry booth house addressWebDec 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 … henry boot pension schemeWebNov 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 … henry booth house clinicWebOct 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 … henry booth house chicago il