Irctc revenue sharing
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 total equity being US $ 190 million. 🔍Insights Business Model Revenue model irctc Railway indian railway railway booking booking travel Published by Abinaya Arangarajan 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 revenue sharing
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WebOct 28, 2024 · MUMBAI: The Ministry of Railways has through a letter asked Indian Railways Catering and Transportation Corporation to share 50 per cent of the revenue from the … WebOct 29, 2024 · Sharing started in 2014 in the ratio of 80:20 between IRCTC and the Indian Railways. Monday onwards, half the revenue that accrues to Indian Railway Catering and Tourism Corporation (IRCTC) through the convenience fee on train tickets will go to the Ministry of Railways. Officials in the know told Business Standard IRCTC’s management …
WebFeb 13, 2024 · Updated: 13 Feb 2024, 02:00 PM IST Livemint IRCTC e-ticket booking facility fetched a bumper revenue in the December. Photo: Mint The revenue from IRCTC e-ticket … WebNov 5, 2024 · IRCTC, Railway Ministry discussing new revenue share model where interest of minority shareholders will be protected: Sources Given the sharp market reaction, …
WebOct 29, 2024 · In a regulatory filing on Thursday, IRCTC informed SEBI that the Railways has said the revenue-sharing arrangement would be enforced from November 1. Convenience fees charged from customers... 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 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 total equity being US $ 190 million. 🔍Insights Business Model Revenue model irctc Railway indian railway railway booking booking travel.
WebDec 4, 2024 · IRCTC Share Price Target for 2027. 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 growing at the rate of 13% every year. 35% of the company’s total revenue comes from its tour package business. how much money do i get in a reverse mortgageWebOct 29, 2024 · The Railways has asked its online ticketing arm IRCTC to share 50 per cent of its revenue earned as convenience fee from bookings on its website with the national transporter, an arrangement... how do i play chao world extendedWebJul 6, 2024 · Private players to begin rail passenger services by April 2024, will run only 5% of trains: Railways. Private train operations in the country will begin by April 2024, and the ticket fares in ... how do i play cricketWebOct 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 … how much money do i need to buy a triplexWebJul 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 much money do i need in an emergency fundWebOct 29, 2024 · Earlier on Thursday evening, the Railways had asked IRCTC to share 50 per cent of its revenue earned as convenience fee from bookings on its website with the … how do i play blackbird on guitarWebIRCTC Share Price, Financials and Stock Analysis Indian Railway Catering And Tourism Corporation Ltd. NSE: IRCTC BSE: 542830 SECTOR: Travel Services 1103k 10k 2k 569.85 +3.10 (0.55%) NSE: 06 Apr 4:00 PM Price Summary Today's High ₹ 572.50 Today's Low ₹ 566.75 52 Week High ₹ 809 52 Week Low ₹ 557 FinStar Ownership Stable how much money do i need to buy stocks online