Irctc revenue share

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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... 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.

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

Web4,131 Likes, 11 Comments - Business Insider India (@businessinsiderin) on Instagram: "The Indian government has reportedly withdrawn its decision of asking 50% of ... how many carbons are in pentane

IRCTC Share Price Drops Big. Here Is Why - India.com

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 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 ... 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 … high road clean energy llc

Indian Railway Catering And Tourism Corporation Limited Share …

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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 … high road cleanroomsWebOct 29, 2024 · The railway ministry had informed IRCTC that the revenue-sharing plan would be applicable from November 1. IRCTC’s annual report indicated that it earned Rs 299.13 … high road chiswick

"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 revenue share

Irctc revenue share

IRCTC Revenue Sharing: Railway Ministry Withdraws Convenience Fee

WebNov 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 … 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 …

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WebIndian Railway Catering And Tourism Corporation Limited Share Price Today, Live NSE Stock Price: Get the latest Indian Railway Catering And Tourism Corporation Limited news, … 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 · 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. WebIRCTC. 581.30 2.00 % (+11.40) Place Order. Scorecard. Performance. Low. ... Price, revenue & earnings forecasts represent where the stock level, business prospects and profits are potentially expected to be at the end of the forecast period. Forecasts ... Earnings Per Share Forecast. 2024. Current

WebOct 29, 2024 · It is for the service of online ticket booking offered by the IRCTC. In 2014-15 when the revenue sharing ratio was 20-80, the Railway's online ticketing and catering arm received a majority of the ... 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 ...

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.

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 … how many carbons are in methaneWebIRCTC has an Inventory turnover ratio of 259.806390522729 which shows that the management is efficient in relation to its Inventory and working capital management. … high road christian bandWebFeb 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. how many carbons are in riboseWeb4 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 ... high road christian groupWebOct 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. high road clean energy austin txWebNov 5, 2024 · IRCTC, Railway Ministry discussing new revenue share model where interest of minority shareholders will be protected: Sources Given the sharp market reaction, … how many carbons are present in pentadecaneWebAug 11, 2024 · The Indian Railways Catering and Tourism Corporation (IRCTC) announced its April-June quarter results for the financial year 2024-22, reporting a net profit of ₹ … high road brasserie chiswick