INSUBCONTINENT EXCLUSIVE:
IRCTC's net earnings witnessed multifold boost throughout the 2nd quarter of 2021-22Indian Trains' catering arm IRCTC on Monday taped a
multifold increase in its net profit for the second quarter of the present fiscal, which stood at Rs 158.6 crore, up from Rs 32.6 crore
during the corresponding duration of last year.The state-owned business's earnings from operations also skyrocketed to Rs 404.9 crore in
the September quarter of 2021-22 from Rs 88.6 crore in the corresponding quarter of previous year.Segment-wise, the revenue from web
ticketing grew to Rs 265.3 crore throughout the quarter from Rs 58.3 crore a year ago, while that from catering increased to Rs 71.4 crore
from Rs 17.2 crore in the year-ago quarter
Earnings from Rail Neer grew to Rs 41.2 crore from Rs 9.2 crore a year ago, while that from tourist increased to Rs 27.1 crore from Rs 3.9
crore in September quarter last year.The company said it does not anticipate any unfavorable influence on the supply chains as and when the
business is resumed fully any place the operations were curtailed or have actually remain suspended on account of the pandemic
