 "IRCTC Q3 results: Net profit rises 22% to Rs 255 crore, revenue up 276%")
Indian Railway Catering and Tourism Corporation’s (IRCTC’s) net profit rose 22.37 per cent year-on-year to Rs 255.53 crore in the third quarter of FY23.
Its revenue from operations surged 69.95 per cent to Rs 918.06 crore in Q3 YoY.
While the company’s revenue from the catering business jumped 276.6 per cent YoY to Rs 394.15 crore, the revenue from internet ticketing business declined 3.79 per cent to Rs 301 crore in Q3.
HPCL logs 172-cr profit
HPCL on Thursday reported a net profit of Rs 172.43 crore in Q3 as a fall in oil prices helped it recoup some of the losses on sale of petrol and diesel.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →Subscribe to Business Standard digital and get complimentary access to The New York Times
Quarterly Starter
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
Save 46%
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%