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Latest news about IRCTC

IRCTC Faces Website and App Outage During Crucial Diwali Booking Period 2 days ago

IRCTC, India's primary railway ticket booking platform, experienced a significant technical outage during peak Diwali booking hours. The website and mobile app were down for at least an hour during crucial Tatkal booking times, affecting a large number of users. IRCTC processes about 1.25 million tickets daily and holds 84% market share in India's railway ticket sales. Despite user frustration, IRCTC's stock remained stable, suggesting investors view this as a temporary setback. The incident highlights the need for robust infrastructure to handle peak loads, especially given IRCTC's monopoly status in online railway bookings.

IRCTC to Revolutionize Train Travel with Free Ticket Rescheduling in 2026 4 days ago

IRCTC Introduces Aadhaar-Only Booking Window for First 15 Minutes from October 1 Sep 30, 2025

IRCTC Welcomes Manoj Kumar Sharma as New Director of Catering Services Sep 22, 2025

IRCTC Slashes Rail Neer Water Bottle Prices Following GST Reduction Sep 21, 2025

More news about IRCTC

19Sept 25

IRCTC Appoints Manoj Kumar Sharma as Director of Catering Services

IRCTC has announced the appointment of Shri Manoj Kumar Sharma as the new Director of Catering Services. The Ministry of Railways approved his appointment on an immediate absorption basis. Sharma will serve in the pay scale of ₹1,80,000 - 3,40,000 until April 30, 2030, or until further orders. The exact date of his assumption of charge will be communicated later. This appointment follows previous announcements regarding additional charge for this position.

15Sept 25

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.

09Sept 25

IRCTC Appoints Manoj Kumar Sharma as Additional Director of Catering Services

IRCTC has announced that Shri Manoj Kumar Sharma, currently OSD/Catering Services, will take on the additional charge of Director (Catering Services) effective August 1, 2025. The Ministry of Railways approved this appointment, which will last until a regular incumbent assumes the role or until further orders. The decision was approved ex-post facto and officially communicated to stock exchanges in compliance with SEBI regulations.

05Sept 25

IRCTC Bolsters IT Leadership with Appointment of Jagtosh Shukla as Group General Manager

IRCTC has appointed Jagtosh Shukla, an experienced Indian Railway Traffic Service (IRTS) officer, as the new Group General Manager for IT-II, effective January 22, 2025. Shukla, with over 16 years of service in Indian Railways, joins from his previous position as SG/IRTS, PO/RCT/LKO/NR. The appointment, formalized through HRD Officer Order No. 05/2025, is seen as a strategic move to strengthen IRCTC's IT capabilities, crucial for its e-ticketing operations.

19Aug 25

IRCTC Reports 7% Profit Growth, Expands into Payment Gateway Services

IRCTC's Q1 consolidated net profit increased by 7% to ₹330.70 crore, with revenue growing 3.8% to ₹1,159.68 crore. Internet Ticketing revenue rose 9.12%, while Tourism segment grew 21.3%. The company received in-principle approval from RBI for payment gateway services and plans to apply for an RVL License. IRCTC is expanding its tourism offerings, increasing capacity with new plants, and focusing on AI-powered monetization of its websites. UPI transactions now account for 48.72% of internet ticketing payments.

13Aug 25

IRCTC Reports Robust Q1 Performance with 3.7% Revenue Growth and 6.5% Profit Increase

IRCTC announced Q1 financial results with consolidated revenue of ₹11,596.80 crore, up 3.7% year-over-year. Profit after tax increased 6.5% to ₹330.00 crore. Segment-wise revenue: Internet Ticketing ₹3,587.50 crore, Catering ₹5,467.80 crore, Railneer ₹1,104.90 crore, and Tourism ₹1,476.90 crore. EBITDA rose to ₹397.00 crore with an improved margin of 34.27%. The company's performance indicates strong market position and operational resilience across its diverse revenue streams.

07Aug 25

Railway Minister Defends IRCTC Catering Tender Process Amid Corruption Allegations

Railway Minister Ashwini Vaishnaw addressed corruption allegations regarding IRCTC's train catering contracts in a Lok Sabha session. MPs raised concerns about contract awards, including claims that 80% of cluster-A contracts went to one family and contracts were given to contractors with pending criminal cases. Vaishnaw defended the process as transparent, stating 24 bidders participated, 20 entities received contracts, and no single bidder got 80% of Cluster A contracts. He emphasized IRCTC's monitoring systems and compliance measures, noting Rs 13.20 crore in penalties were imposed in 2024-25 based on complaints. IRCTC serves an average of 16.50 lakh meals daily and has introduced a new cluster-based contracting system.

06Aug 25

IRCTC Announces ₹1 Per Share Final Dividend, Sets August 22 as Record Date

IRCTC has declared a final dividend of ₹1.00 per equity share for FY 2024-25, subject to shareholder approval at the AGM on August 30, 2025. The record date is set for August 22, 2025. Comprehensive TDS guidelines have been outlined for resident and non-resident shareholders. The dividend, if approved, will be paid within 30 days of the AGM. Shareholders are advised to update their bank details and submit necessary documents for tax exemptions before the book closure period of August 24-30, 2025.

05Aug 25

IRCTC Subsidiary Secures RBI Nod for Online Payment Aggregator Services

IRCTC's wholly-owned subsidiary, IRCTC Payments Limited, has received in-principle authorization from the Reserve Bank of India to operate as an Online Payment Aggregator. The authorization was granted on August 04, allowing the subsidiary to facilitate e-commerce transactions by providing payment services to merchants. This move is expected to diversify IRCTC's revenue streams and strengthen its position in the digital economy. Additionally, IRCTC appointed Shri Manoj Kumar Sharma, with 28 years of experience in the Indian Railway Traffic Service, as Director (Catering Services) and a Key Managerial Personnel.

04Aug 25

IRCTC Appoints Manoj Kumar Sharma as Key Managerial Personnel

IRCTC's Board of Directors has appointed Shri Manoj Kumar Sharma as a Key Managerial Personnel (KMP), effective August 4, 2025. Sharma, currently serving as Director (Catering Services) at IRCTC, is an Indian Railway Traffic Service (IRTS) officer from the 1995 batch with 28 years of experience in the railway sector. He has been associated with IRCTC since March 12, 2024, as Group General Manager for the North Zone. Sharma's extensive career spans four railway zones and includes expertise in marketing, operations, planning, vigilance, safety, and IT.

26Jul 25

IRCTC Faces 6,645 Food Quality Complaints in 2024-25, Minister Reports Actions Taken

Railway Minister Ashwini Vaishnaw revealed that IRCTC received 6,645 food quality complaints in 2024-25. In response, various actions were taken including fines, warnings, and advisories. Historical data shows fluctuating complaint numbers over recent years. IRCTC has implemented measures such as establishing Base Kitchens, installing CCTV cameras, using branded raw materials, and deploying Food Safety Supervisors to address these concerns. The minister also clarified that catering contracts are awarded through transparent tender processes to the highest bidders, with 20 entities currently holding contracts across various train clusters.

25Jun 25

Indian Railways Set to Increase Passenger Fares from July 2025

Indian Railways will implement fare increases from July 1, 2025. Non-AC Mail/Express fares will rise by 1 paise per kilometer, while AC class travel will increase by 2 paise per kilometer. Suburban train tickets and second-class travel up to 500 km will remain unchanged. Additionally, Aadhaar authentication will be required for Tatkal ticket reservations starting the same date.

29May 25

IRCTC Reports 26% Surge in Q4 Profit, Driven by Strong Internet Ticketing Growth

IRCTC's Q4FY25 results show a 26% YoY increase in consolidated net profit to Rs 358.00 crore, with revenue from operations up 10% to Rs 1,269.00 crore. The internet ticketing segment drove growth, while catering saw a slight decline. For FY25, net profit rose 18.36% to Rs 1,315.00 crore from Rs 1,111.00 crore in FY24.

28May 25

IRCTC Reports 26% Jump in Q4 Profit, Revenue Rises 10%, Recommends Dividend

IRCTC's Q4 net profit rose 26% YoY to ₹360 crore, with revenue increasing 10% to ₹1,270 crore. EBITDA grew to ₹385 crore, though the EBITDA margin slightly decreased to 30.35%. The company announced a dividend of ₹1.00 per equity share.

27May 25

IRCTC Sets Date for Q4 FY25 Results, Dividend Consideration on Agenda

IRCTC will announce its Q4 and FY25 results on May 28, 2025, with the board also considering a dividend declaration. An earnings call is scheduled for May 29, 2025, at 4:00 p.m. IST for investors and analysts to gain insights into the company's performance and outlook.

06May 25

IRCTC Set to Unveil Q4 Financial Results on May 28

Indian Railway Catering and Tourism Corporation (IRCTC) will consider its fourth quarter (Q4) financial results on May 28. The announcement has generated significant interest among investors and market watchers. The results will provide insights into IRCTC's performance in e-ticketing, catering, hospitality services, and tourism initiatives for the final quarter of the fiscal year.

13Mar 25

IRCTC to Implement Mandatory Food Menu and Price Display in Trains

Indian Railway Minister Ashwini Vaishnaw announced new measures for IRCTC to enhance transparency and improve passenger experience. These include displaying printed menu cards and rate lists on trains, sending SMS links with pricing information to passengers, establishing designated base kitchens, implementing CCTV monitoring, using branded raw materials, and conducting regular inspections. The initiatives aim to provide clarity on food pricing, prevent overcharging, and improve overall food quality and hygiene on Indian trains.

04Mar 25

IRCTC Achieves Navratna Status, Gains Greater Autonomy in Decision-Making

On March 3, 2025, the Indian Railway Catering and Tourism Corporation (IRCTC) was granted Navratna status by the Government of India. This prestigious designation provides IRCTC with increased operational autonomy, including the ability to make investment decisions up to Rs 1,000 crore or 15% of its net worth without government approval. The new status is expected to enhance IRCTC's competitiveness and operational flexibility in the travel and tourism sector. The company officially informed stock exchanges of this development in compliance with SEBI regulations.

04Mar 25

IRCTC Achieves Prestigious Navratna Status, Gains Greater Autonomy

The Government of India has officially granted Navratna status to Indian Railway Catering and Tourism Corporation (IRCTC). This prestigious designation, typically awarded to top-performing public sector enterprises, was confirmed in an official filing to stock exchanges on March 3, 2025. The Navratna status provides IRCTC with increased autonomy in decision-making, enhanced financial powers, and greater operational flexibility. This development is expected to strengthen IRCTC's competitive position and potentially increase its attractiveness to investors.

03Mar 25

IRCTC Gains Navratna Status: Enhanced Autonomy for Railway Giant

The Indian government has approved the upgrade of Indian Railway Catering and Tourism Corporation (IRCTC) to Navratna Central Public Sector Enterprise (CPSE) status. This prestigious designation grants IRCTC enhanced operational and financial autonomy, allowing for greater freedom in decision-making, strategic planning, and financial management. The upgrade is expected to improve IRCTC's performance potential and ability to respond to market dynamics, potentially leading to new growth opportunities and improved efficiency.

19Feb 25

IRCTC Faces ₹33 Crore Payment Order in Catering Dispute, Announces Interim Dividend

IRCTC lost a legal battle in the Delhi High Court, required to pay ₹33 crore plus interest to Brandavan Food Products for unpaid catering dues. Despite this, IRCTC's stock rose by 1.77% to ₹731.65. The company announced an interim dividend of ₹3 per share for FY 2024-25, demonstrating financial stability amidst challenges.