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76% of IRCTC profits came from e-ticketing: Q3FY20

76% of IRCTC's profits and 32% of its revenue came from internet ticketing for the quarter ended December 31, 2019. IRCTC, the Indian Railways' ticketing & services arm, reported its second quarterly financials report ever since it went public in October 2019. E-ticketing and catering accounted for 70% of IRCTC's revenue for Q3FY20. 1. E-ticketing revenue stood at Rs 226.9 crore in Q3FY20, and saw the highest growth rates across all segments: 310% YoY increase, from Rs 55.3 crore in Q3FY19 94% QoQ increase, from Rs 117.2 crore in Q2FY20 Although State Teertha segment saw over 800% YoY increase in revenue, it only accounted for 9% of the company's revenue in Q3. 2. E-ticketing profits stood at Rs 193.4 crore, which also saw the highest growth rates across segments: 435% YoY increase, from Rs 36.2 crore in Q3FY19 110% QoQ…

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