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Article: India : IRCTC net profit more than doubles to Rs46.5 crore in 2008-09.
- Article from:
- TendersInfo
- Article date:
- September 30, 2009
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Indian Railway Catering and Tourism Corporation Limited (IRCTC) has reported a more than 100 per cent increase in its profit after tax (net profit) at Rs46.50 crore for fiscal 2008-09 against Rs20.75 crore in 2007-08.
IRCTC, a public sector enterprise under the ministry of railways, also recorded a growth of 17.3 per cent in total income during the financial year 2008-09.
The total income of the company increased to Rs618.77 crore during the 2008-09 from Rs527.66 crore during the previous year, a government release said.
The company has declared a dividend of 46 per cent. The dividend comes to Rs9.31 crore, excluding dividend tax of Rs1.58 ...