WebFeb 1, 2024 · Indian Railway Catering and Tourism Corporation (IRCTC) The ticketing arm of Indian Railways has given a stellar return to investors since its listing in 2024, rising 420% during this period. ... The company has reported net profit of ₹6.33 crore in September 2024 up 469% from ₹1.11 crore in the year-ago period. Net sales dropped by … WebThe railways sector has seen some developments, investments and support from the Government in the recent past. Revenue growth has been strong over the years. Indian …
Why the government of India
WebFeb 26, 2011 · The Indian Railways, Air India and ITDC form the triumvirate of slipping profit and loss accounts. The government could look at forming a corporation which takes away the businesses of all three - just as the Ministry of Urban Development and the Government of Delhi had come together to float a joint venture in the Delhi Metro … WebOct 6, 2024 · Inside Indian Railways’ plan. Despite the delays caused by Covid-19, summer 2024 marked the beginning of a new era for Indian Railways, which expects to attract investment of at least Rs 30,000 crores from private entities. To do this, the operator has made available 151 new trains that will run between 109 origin-destination pairs of routes. san antonio tx to pleasanton tx
A different track: Indian Railways puts profit over politics
WebJan 29, 2024 · Five years after the railway budget was merged with the Union budget, the national transporter puts profit over politics. It has almost frozen plans for building about 18,000 km of new lines. Introduction of a new train, more halts in an existing route and sprucing up of a key station — highlights of the old railway budget speeches — are ... WebMay 2, 2024 · May 2, 2024. Rail freight accounted for the highest share of the total railways revenue across India with approximately 76 percent in financial year 2024. In 2024, around 1.23 billion metric tons ... WebDec 18, 2024 · However, it expects an increase in freight loading revenue. Indian Railways has so far incurred 87% loss in passenger revenue, down from ₹53,000 crore last year to just ₹4,600 crore, owing to ... san antonio tx to schertz tx