IRCTC hits 44% growth in its Net Profit for the FY 2015-16

NEW DELHI: The net profit of Indian Railway Catering and Tourism Corporation Limited (IRCTC) has grown to ₹ 189 crore in Financial Year 2015-16 as against ₹ 131 crore in Financial Year 2014-15. It is a growth of 44%.

During the year 2015-16, a total of ₹ 24,023 crore has been collected towards the sale of train tickets through IRCTC portal.

The revenue is generated from the following activities:- (i) Service charges on internet tickets (ii) Sales of Rail Neer packaged water (iii) Sales of on-board catering services. (iv) License fee from outsourced catering vendors. (v) Revenue from tourism services.

This Press Release is based on the information given by the Minister of State for Railways Shri Rajen Gohain in a written reply to a question in Rajya Sabha on 24.03.2017 (Friday).