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 … WebJan 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 ...

Explained: Why IRCTC shares fell 25% in early trade today

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 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... small claw pickup tool

This Is How Irctc Makes Money - CNBC TV18

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 … 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 … 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 ... small claw otters

What govt U-Turn on IRCTC means for minority shareholders in other PSUs

How does IRCTC make money Business Insider India

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 · 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... small claw otterWebNov 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. small claws

"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 ... " - Irctc revenue share

Irctc revenue share

IRCTC Revenue Sharing: Railway Ministry Withdraws Convenience Fee

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. 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 …

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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 ... 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 ...

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 … 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...

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... 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 …

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 ...

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 … small claw rakeWeb1 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 … something that happens synonymWebOct 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%. something that happens over againWebNov 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. small claw tubWebOct 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... something that happens without being plannedWebOct 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 … small claw tubsWebOct 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 … something that has fangs