IRCTC DEC 2020 results
IRCTC reported 62% decline in net profit at ₹78 crore for the quarter ending 31 December, 2020. This is due to the corona pandemic kept most of the national transporter’s operations shut. It was ₹206 crore in the year-ago period.
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Revenue from all operations fell 69% to ₹224 crore from ₹716 crore in December 2019. However, the revenue rose 151% from ₹88.5 crore in September 2019.
Revenue from catering dip 82% to ₹49 crore from ₹269 crore a year ago. The revenue from (internet) ticketing witnessed a 37% dip at ₹143 crore. On Thursday, the company’s
scrip on NSE closed 1.37% higher at ₹1,458. EPS Plunged to 4.88 from 12.86 ( Dec-2019) of the previous year.