Irctc revenue share

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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 …

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

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. 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. how to schedule events in google calendar

IRCTC: Should investors book profits or it is still a multibagger ...

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 … 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 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 … north of africa lies the what sea

IRCTC Share Price Target 2024- 2025-2030 Full Information

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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... 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... how to schedule eventsWebFeb 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 … how to schedule faa written exam

"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 … " - Irctc revenue share

Irctc revenue share

IRCTC, Railway Ministry discussing new revenue share …

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 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 …

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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 … 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.

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%. 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 · 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... 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 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 …

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... how to schedule extract refresh in tableauWeb4 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 ... how to schedule excel macroWebThe 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.... how to schedule exam for az-900Web4,131 Likes, 11 Comments - Business Insider India (@businessinsiderin) on Instagram: "The Indian government has reportedly withdrawn its decision of asking 50% of ... north of africaWebOct 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 … north of albany nyWebDec 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. north of america insuracance co fax numberWebJun 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 … north of alpine