IRCTC shares fall 3% post Q4 results; here’s why
The ticketing and catering arm of Indian Railways registered a 30.4% YoY rise in net profit at ₹279 crore, while revenue from operations jumped 39.6% YoY to ₹965 crore for Q4FY23.
indian railways
May 2023
April 2023
March 2023
February 2023
January 2023
Railways’ FY23 revenue surges 25% to ₹2.40 lakh cr
Freight revenue, too, rises 15% to ₹1.62 lakh crore; passenger revenues hit an all-time high growth of 61% at ₹63,300 crore.
Titagarh Wagons, BHEL shares surge up to 8% on winning order for 80 Vande Bharat train sets
The consortium of BHEL and Titagarh Wagons will supply 80 sleeper-class Vande Bharat trains within 72 months at the rate of ₹120 crore per train.
Infographic: Rail accidents decline sharply
In FY22, there was only one level crossing accident and two collisions
Race On To Meet Vande Bharat Targets
The government has set a target of 475 Vande Bharat trains within the next four years. But how will railways ensure operational issues do not jeopardise passenger interest?
IRCTC Q3 profit rises 22% to ₹256 cr, declares dividend; stocks up 2%
The revenue from operations surged 70% YoY and 14% QoQ to ₹918 crore in Q3 FY23, led by catering business.
Budget 2023: Railways expenses rising faster than revenue
Central government is expecting revenue from Railways to increase by ₹32,700 crore in FY23 over revised estimates of FY22.
Siemens shares rise 4% on bagging single largest-ever order from Railways
The flagship company of Germany-based Siemens AG has secured the single largest-ever order worth ₹26,000 crore from Indian Railways to deliver 1,200 locomotives.
This PSU rail stock surges 13% in three days; zooms 170% in 11 months
The PSU company has secured Chennai Metro Rail project worth ₹1,134 crore and ₹38.97 crore order from Southern Railway.
Rail Vikas Nigam shares up 3% on securing new order; surges 140% in 6 months
The state-owned company has bagged a contract worth ₹166.26 crore from Gujarat Metro Rail Corporation.
