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IRCTC Q4 results: Net profit rises 26% to ₹358 crore, revenue up 10%
IRCTC Q4 results: Net profit rises 26% to ₹358 crore, revenue up 10%

Business Standard

time28-05-2025

  • Business
  • Business Standard

IRCTC Q4 results: Net profit rises 26% to ₹358 crore, revenue up 10%

Net profit of Indian Railway Catering and Tourism Corporation Limited (IRCTC) increased by 26.1 per cent year-on-year (YoY) to ₹358 crore in the fourth quarter of financial year 2024-25. It had reported a profit of ₹284 crore in the same quarter last year. The revenue from operations rose 10 per cent YoY to ₹1,268 crore in Q4 FY25, up from ₹1,151 crore in the corresponding quarter of the previous financial year. The company has recommended a final dividend of ₹1 per equity share with a face value of ₹2 each, representing 50 per cent of the paid-up share capital, for the financial year 2024-25. Expenses rose 11 per cent YoY to ₹903 crore in Q4 FY25, compared to ₹810 crore in the same quarter last year. The company's total income increased 10 per cent YoY to ₹4,903 crore in FY25, compared to ₹4,424 crore in the previous financial year. For the current financial year 2024-25, exceptional items resulted in a net income of ₹47.89 crore. This includes ₹2.21 crore from the reversal of RU, stabling, and other charges waived by KTDC on the Golden Chariot train for the financial years 2022-23 and 2023-24, ₹39.88 crore from the one-time reconciliation of legacy balances, and ₹5.80 crore from the write-back of excess provisions made in previous years for various expenses. As of March 31, 2025, IRCTC's trade receivables include ₹672.43 crore due from railways and government bodies (compared to ₹1,296.18 crore as of March 31, 2024). Out of these dues from railways, ₹120.77 crore has been outstanding for over three years, which includes ₹35.80 crore in default.

[UPDATED] Ex-Penang Deputy CM Dr P. Ramasamy to face CBT charges tomorrow
[UPDATED] Ex-Penang Deputy CM Dr P. Ramasamy to face CBT charges tomorrow

New Straits Times

time13-05-2025

  • Politics
  • New Straits Times

[UPDATED] Ex-Penang Deputy CM Dr P. Ramasamy to face CBT charges tomorrow

KUALA LUMPUR: Former Penang Deputy Chief Minister II, Dr P. Ramasamy, is set to face charges for criminal breach of trust tomorrow. Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki confirmed this to the New Straits Times today. "The charges are related to the procurement of the Golden Chariot in 2017, as well as welfare assistance distributed through the Penang Hindu Endowments Board (PHEB)," he said. He added that Ramasamy would be charged at the Penang Court tomorrow. In December, Ramasamy expressed his disappointment after being barred from leaving the country by the MACC, which prevented him from attending an event in Aceh. The former DAP secretary-general was scheduled to receive a peace award from Wali Nanggroe Aceh, the head of state of the Indonesian semi-autonomous province, for his efforts in mediating peace between the central government and the separatist group Free Aceh Movement (GAM). However, his travel plans were halted due to an investigation into the Penang Hindu Endowments Board (PHEB), where he served as chairman. While acknowledging the ongoing investigation into the PHEB, Ramasamy said he had not been contacted or questioned regarding the matter. "How is it that I suddenly became a wanted man in this country?" he said.

Ex-Penang Deputy CM Dr P. Ramasamy to face CBT charges tomorrow
Ex-Penang Deputy CM Dr P. Ramasamy to face CBT charges tomorrow

New Straits Times

time13-05-2025

  • Politics
  • New Straits Times

Ex-Penang Deputy CM Dr P. Ramasamy to face CBT charges tomorrow

KUALA LUMPUR: Former Penang Deputy Chief Minister II, Dr P. Ramasamy, will be charged with criminal breach of trust tomorrow. Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki confirmed this with the New Straits Times today. "The charges are related to the procurement of the Golden Chariot in 2017, as well as welfare assistance distributed through the Penang Hindu Endowments Board (PHEB)," he said.

This train is 7-star hotel on wheels with luxurious facilities like..., its name is..., schedule and fare...
This train is 7-star hotel on wheels with luxurious facilities like..., its name is..., schedule and fare...

India.com

time21-04-2025

  • India.com

This train is 7-star hotel on wheels with luxurious facilities like..., its name is..., schedule and fare...

New Delhi: Indian Railways and IRCTC are operating a moving 7-star hotel. It is The Golden Chariot, a royal luxury train that offers all amenities. Enjoy a spa on the moving train, go to the gym, or have wine/beer; everything is available. The Golden Chariot is a luxury tourist train that connects the important tourist spots in the Indian states of Karnataka, Goa, Kerala, and Tamil Nadu as well as Puducherry, depending on the selected itinerary. The train is operated by the Karnataka State Tourism Development Corporation and The Maple Group handles the hospitality services on the train. The Golden Chariot is owned by Karnataka State Tourism and Development Corporation and operated by the Indian Railway Catering and Tourism Corporation. It derives its name from the stone chariot in the Vitthala Temple at Hampi. The Golden Chariot's Facilities and interiors are a mix of contemporary and traditional patterns to highlight the old world and the modern comforts. Golden Chariot Luxury Train Facilities Golden Chariot's facilities are similar to a luxury Five Star hotel. The train is decorated with world-class facilities. Modern facilities include luxurious cabins, spacious lounges, fine dining multi-cuisine restaurants, a conference car, and a health spa. If you want to relax your toes at well-equipped luxury saloons or if you want to have supper in embellished restaurants or sweat at a mini gym, the train offers all those facilities. The train is designed in such a way that you won't lack anything onboard. Cabin and Accommodation The Golden Chariot is an all-suite train. The guest suites are a mix of 13 Double Bed Cabins, 30 Twin Bed Cabins, and 1 Cabin for the Specially abled. All of the suites onboard come with windows that allow spectacular views 24×7. Guest Carriages on the Golden Chariot train are named after the dynasties which ruled south India over several centuries which are Kadamba, Hoysala, Rastrakota, Ganga, Chalukya, Bhahamani, Adilshahi, Sangama, Shathavashna, Yudukula, and Vijayanagar. The Golden Chariot coach is daintily decorated with many historical carvings. Furniture takes its inspiration from Hoysala and Mysore architecture. Cabin Highlights Each cabin size is 67.5 sq ft (approx. 6 sq mt) Central air-conditioning En-suite bathrooms with WC Range of toiletries Complimentary Wi-fi Television in each room Hot and cold water supply in bathrooms Writing/Vanity Desk Personalised Service On Board Restaurants There are two restaurants on the train, one decorated with vegetarian dishes, and the other one experiences the taste of non-vegetarian dishes. Nalapaka originates in the Indian epic Mahabharatha, in which Nala was one of the finest chefs of his time, and Paka means cuisine. Thus, Nalapaka refers to the finest cuisine. Ruchi, true to its name, means taste. The interiors of the restaurant are similar to the ruins of Hampi and Halebid. Lounge and Bar One of the fascinating Golden Chariot Facilities include Madira bar. It is an artistically designed bar onboard. Madira, meaning elixir, was a drink of the Gods. Along with Madira, passengers can also enjoy local exhibits. The world-famous Mysore Palace inspired the bar for elegant seating and decoration. The bar serves the choicest of wines, beers, and spirits. Spa and Fitness Centre Golden Chariot Facilities include Arogya, literally 'devoid of ailments,' a Spa with two Spa Tables and an Exercise Room with modern fitness machines. Arogya provides traditional Indian and contemporary massage therapies that offer definite cures for modern-day fatigue & stress (For complete and detailed information, visit

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