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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 increase, from Rs 91.9 crore in Q2FY20 In November, IRCTC had reported a 14% YoY increase in net profit to Rs 172 crore, on the back of a sharp rise in e-ticketing revenue. Note that half-yearly numbers are not comparable to quarterly numbers. Numbers on e-ticketing, mobile app: Annual Report FY18-19 IRCTC has not given out any operational figures since it went public. Here is what we found in the company's annual report for FY2018-19. These are the latest figures available and precede the company's public listing, we shall update this when IRCTC's annual report for FY19-20 become public. Revenue from Internet ticketing: Rs 239 crore in FY18-19, up 17%…

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