Tourism and travel were the worst impacted sectors due to the Covid-19.
Indian Railway Catering and Tourism Corp (IRCTC) was no exception.
This quarter, bidding farewell to the third wave of the pandemic, has brought good quarterly numbers for IRCTC.
IRCTC's net profit surged 104% and the company declared a final dividend for the year ended 2021-22.
IRCTC last traded price was down 0.3% to Rs 692.9 on the BSE.
On the NSE, IRCTC last traded price was down 0.6% to Rs 690.9.
Over the last 30 days, IRCTC share price is down 7.5%. And over the last year, IRCTC's share price is up 79.7%.
The current market capitalisation of IRCTC stands at Rs 554 bn.
As of March 2022, company promoters held a 67.40% stake in IRCTC, with no shares having been pledged.
To know more, check out the latest shareholding pattern of IRCTC.
On 27 September 1999, the Indian Railway Catering and Tourism Corporation (IRCTC) was founded as a public limited company and was awarded a certificate of incorporation by the deputy registrar of companies NCT of Delhi and Haryana.
It's a central public sector enterprise (CPSE) fully owned by the Indian government and administered by the Ministry of Railways.
IRCTC is the sole firm authorised by Indian Railways to provide catering services, online railway tickets, and bottled drinking water at Indian railway stations and trains.
The firm was founded with the goal of modernising and professionalising culinary and hospitality services at railway stations, aboard trains, and in other locations.
It also promotes both international and domestic tourism in the country.
To know more about the company, check out IRCTC's company fact sheet and IRCTC's quarterly results.
You can also compare IRCTC with its peers on our website.
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