Incorporated in 1999, IRCTC is a Mini Ratna (Category 1, Central Public Sector Enterprises ) and the only company authorized by the Indian government to provide online railway tickets, catering services, and packaged drinking water
at railway stations and trains in India
Financial Results:
- Indian Railway Catering & Tourism Corporation Ltd reported Revenues for Q1FY24 of ₹1,002.00 Crores up from ₹853.00 Crore year on year, a rise of 17.47%.
- Total Expenses for Q1FY24 of ₹677.00 Crores up from ₹548.00 Crores year on year, a rise of 23.54%.
- Consolidated Net Profit of ₹232.00 Crores down 5.69% from ₹246.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹2.90, down 5.54% from ₹3.07 in the same quarter of the previous year.