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IRCTC, IRFC Upgraded to Navratna Status
Millennium Post Delhi
|Delhi 04 March 2025
In a significant development for India's railway sector, the government has granted Navratna status to Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC), according to an official statement released Monday.
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With this upgrade, all seven listed railway Public Sector Undertakings (PSUs) now hold Navratna designation. Railway Minister Ashwini Vaishnaw shared the news on social media platform X, stating, "Congratulations to team IRCTC and team IRFC on being upgraded to Navratna status." IRCTC, which serves as the exclusive provider of online railway ticket booking and catering services for Indian Railways, reported impressive financial performance with an annual turnover of Rs 4,270.18 crore and profit after tax of Rs 1,111.26 crore for the 2023-24 fiscal year. The company maintains a net worth of Rs 3,229.97 crore.
Diese Geschichte stammt aus der Delhi 04 March 2025-Ausgabe von Millennium Post Delhi.
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