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For the nine months ended December 31, 2021 the Gross Revenue stood at Rs1196.08cr.

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The consolidated revenues for Q3FY22 at Rs29,867cr grew 18.3% yoy on a comparable basis.

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Indian Railway Catering and Tourism Corporation gained 2.11% to Rs 855.75 after the company posted a 167% jump in net profit to Rs 208.8 crore on a 140.8% increase in revenue from operations to Rs 540.21 crore in Q3 FY22 over Q3 FY21.

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During the last few years, the Company has been struggling due to operational losses, high debt obligation and challenging market conditions.

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The Indian rupee is expected to recoup gains in opening trades on Wednesday, 09 February 2022 as international crude oil prices show signs of receding. Meanwhile, all eyes are now awaiting RBIs monetary policy decision due tomorrow. The Reserve Bank of India (RBI)s rate-setting Monetary Policy Committee (MPC) meeting commenced on 8 February 2022 and the outcome would be announced on 10 February 2022. The […]

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COMEX Gold futures stayed well supported. The yellow metal jumped on upbeat ETF flows data, bouncing to a one and half week high of $1830 per ounce though firm US dollar is capping the gains thereafter. The World Gold Council (WGC) stated yesterday that Global gold ETFs drew net inflows of 46.3 tonnes (US$2.7 billion, 1.3% of AUM) in January, led by North American funds […]

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The US EIA stated yesterday in its Short Term Energy Outlook (STEO) that Brent crude oil spot prices averaged $87 per barrel (b) in January, a $12/b increase from December 2021. Crude oil prices have risen steadily since mid-2020 as result of consistent draws on global oil inventories, which averaged 1.8 million barrels per day (b/d) from the third quarter of 2020 (3Q20) through the […]

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Copper consolidated after hitting one week high of $4.50 per pound amid firm US equities. The US stocks moved mostly higher over the course of the trading day on Tuesday, more than offsetting the weakness seen on Monday. The major averages climbed firmly into positive territory after showing a lack of direction early in the session. The Dow jumped 371.65 points or 1.1% to 35,462.78, […]

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