IRCTC achieves turnover of Rs 1,506 cr in 2015-16: Reports

03/10/2016 10:24

The Indian Railway Catering and Tourism Corporation (IRCTC) has said that it has achieved a turnover of Rs 1,506 crore in 2015-16 as compared to Rs 1,141 crore in 2014-15, registering a growth of 32 per cent.

The Railways PSU’s net profit was pegged at Rs 189 crore during FY16 as against Rs 131 crore a year earlier.

As per the 17th Annual Report (2015-16) which was presented at the company’s Annual General Meeting (AGM) held recently, the net worth of IRCTC during the fiscal was Rs 542.07 crore while it was Rs 444.25 crore in the previous financial year.

Also, the profit before tax was Rs 308.6 crore as compared to Rs 214 crore in 2014-15 while profit after tax (PAT) was Rs 188.63 crore against Rs 130.63 crore in the previous year, both registering a growth of 44 per cent.

Further, IRCTC paid a dividend of Rs 75.45 crore in 2015-16 as compared to Rs 26.13 crore in the previous year.

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