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The Indian Railway Catering & Tourism Corp (IRCTC) sold train tickets worth Rs 24,022 crore ($3.5 billion) online in the year ended March 2016, although growth halved to 17% from a year earlier as its customer base stagnated.
The government-owned portal, which gets a commission on each ticket sold, posted a 32% increase in revenue to Rs 1,506 crore, according to a filing with the Registrar of Companies. Its revenue come from service charge on tickets, sales of Rail Neer packaged water, onboard catering services and licence fees from outsourced catering vendors.
Read More At <> http://www.ecbilla.com/ecommerce-news/business/irctc-net-profit-grew-44-to-rs-189-crore.html
The Indian Railway Catering & Tourism Corp (IRCTC) sold train tickets worth Rs 24,022 crore ($3.5 billion) online in the year ended March 2016, although growth halved to 17% from a year earlier as its customer base stagnated.
The government-owned portal, which gets a commission on each ticket sold, posted a 32% increase in revenue to Rs 1,506 crore, according to a filing with the Registrar of Companies. Its revenue come from service charge on tickets, sales of Rail Neer packaged water, onboard catering services and licence fees from outsourced catering vendors.
Read More At <> http://www.ecbilla.com/ecommerce-news/business/irctc-net-profit-grew-44-to-rs-189-crore.html
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