Indian Railway Catering and Tourism Corporation (IRCTC) has reported results for third quarter ended December 31, 2019.
The company has reported over 2- fold jump in its net profit at Rs 205.80 crore for the quarter under review as compared to Rs 73.60 crore for the same quarter in the previous year. Total income of the company increased by 61.92% at Rs 734.98 crore for Q3FY20 as compared Rs 453.92 crore for the corresponding quarter previous year.
IRCTC is the only entity authorised by the Indian railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India.
