IRCTC Unveils Aadhaar-Linked Priority Booking, Reports 7% Profit Growth
IRCTC announces changes to its online ticket booking system, reserving the first 15 minutes for Aadhaar-linked users starting October 1. The company reports a 7% increase in consolidated net profit to ₹330.70 crore and 3.80% revenue growth to ₹1,159.68 crore. E-ticketing and tourism segments show significant growth. IRCTC receives RBI approval for online payment aggregator operations and plans AI monetization initiatives and expansion of operational capacity.

*this image is generated using AI for illustrative purposes only.
IRCTC has announced significant changes to its online ticket booking system and reported positive financial results, showcasing the company's commitment to enhancing user experience and maintaining strong financial performance.
New Online Ticket Booking Rule
Starting October 1, IRCTC will implement a new rule for online ticket bookings:
- The first 15 minutes after general reservations open will be exclusively reserved for Aadhaar-linked users on IRCTC's website and app.
- This priority window aims to streamline the booking process for verified users.
- Railway counter bookings will remain unchanged, ensuring accessibility for all passengers.
- Booking agents will face a 10-minute restriction when reservations open, potentially reducing bulk bookings.
Financial Performance Highlights
IRCTC has reported strong financial results for the recent quarter:
Metric | Amount | Year-on-Year Change |
---|---|---|
Consolidated Net Profit | ₹330.70 crore | 7.00% increase |
Revenue | ₹1,159.68 crore | 3.80% growth |
Operating Margin | 34.30% | - |
The company's growth was primarily driven by:
- E-ticketing segment: 9.00% increase
- Tourism segment: 21.00% growth
Strategic Developments
IRCTC has made significant strides in expanding its services and revenue streams:
Payment Aggregator Approval: The company received RBI approval for IRCTC Payments Ltd. to operate as an online payment aggregator. This move is expected to capture railway and government-linked transactions, potentially boosting IRCTC's revenue.
Technology-Driven Diversification: CMD Sanjay Kumar Jain outlined plans for leveraging technology, including:
- AI monetization initiatives
- Approval for four new plants, expanding IRCTC's operational capacity
These strategic moves demonstrate IRCTC's focus on innovation and diversification to maintain its growth trajectory in the evolving digital landscape of India's railway and tourism sectors.
The combination of user-centric booking policies, strong financial performance, and forward-looking initiatives positions IRCTC to continue its role as a key player in India's travel and tourism industry.
Historical Stock Returns for IRCTC
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.42% | +1.70% | +0.46% | +5.01% | -22.50% | +164.73% |