TravelBiz Monitor: India travel news, travel trends, tourism

IRCTC’s net profit dips by 7% at INR 231cr for Q1, FY24

By TBM Staff - Mumbai Friday, 11 August 2023, 1:30 PM 402

The Indian Railway Catering & Tourism Corporation Ltd (IRCTC) has reported a 7 per cent year-on-year (YoY) decline in net profit at INR 231 crore for the quarter ending June 30, 2023. During the same quarter in 2022, IRCTC posted a net profit of INR 248.5 crore, the company said in a regulatory filing. The […]Continue Reading

Aviation Top Stories

Jazeera Airways posts KD2.3 million net profit in first quarter of 2023

By TBM Staff - Mumbai Monday, 15 May 2023, 2:00 PM 942

Jazeera Airways has achieved a net profit of KD2.3 million for the first quarter (Q1) of 2023, compared to KD 3.8 million in the first quarter of 2022, when the strong demand post-pandemic was reflected in higher fares. Total revenue for the quarter reached KD48.3 million, up 35.2%, while operating profit was at KD3.62 million. […]Continue Reading

Hotels & Resorts Top Stories

Royal Orchid’s net profit jumps to INR 9.38 crore in Q2

By TBM Staff - Hyderabad Sunday, 13 November 2022, 10:00 AM 698

Royal Orchid Hotels’ net profit soared to INR 9.38 crore from INR 0.55 crore during the same quarter last year. Its revenues were up 82 per cent INR 58.06 crore (INR 31.85 crore). The company’s EBITDA improved 134 per cent to INR 20. 44 crore compared to INR 8.75 crore in the same quarter last […]Continue Reading

IRCTC’s net profit doubles on year to 2.14bn

By TBM Staff - Mumbai Tuesday, 31 May 2022, 2:15 PM 750

The Indian Railway Catering and Tourism Corp Ltd’s (IRCTC) net profit in the March quarter doubled on year to INR 2.14 billion, and revenue surged twofold to INR 6.91 billion. Sequentially, the net profit rose 2.4% and revenue rose 27.9%. The company’s other income rose to INR 258.33 million from INR 194.65 million year ago. […]Continue Reading

IRCTC’s net profit dips by 7% at INR 231cr for Q1, FY24

Jazeera Airways posts KD2.3 million net profit in first quarter of 2023

Royal Orchid’s net profit jumps to INR 9.38 crore in Q2

IRCTC’s net profit doubles on year to 2.14bn

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