For the quarter ended June 30, 2022, Indian Railway Catering and Tourism Corporation on Wednesday announced a 196% increase in net profit to Rs246 crore. At the same time last year, it generated a net profit of Rs82.5 crore.
From Rs243 crore in Q1FY22 to Rs853 crore in Q1FY23, the company’s operating revenue increased by 251%. The company’s stock on the BSE ended the day on Wednesday 2.4% higher at Rs673.10.
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