Indian Railway Catering and Tourism Corporation (IRCTC) has reported results for first quarter ended June 30, 2022.
The company has reported around 3-fold jump in its net profit at Rs 245.52 crore for the quarter under review as compared to Rs 82.52 crore for the same quarter in the previous year. Total income of the company increased by over 3-fold at Rs 877.01 crore in Q1FY23 as compared Rs 257.94 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.
