Real-Time EquityWire is available only to registered users. This is best for professional traders and people who track markets actively.Real-Time EquityWire is available only to registered users. This is best for professional traders and people who track markets actively.
By Arya S. Biju Indian Railway Catering and Tourism Corp. Ltd. reported a low-single-digit on-year rise in its top line for the June quarter, marking the slowest growth in revenue since its shares were listed on the stock market. This slower growth in sales was due to a decline in revenue from its largest vertical, catering, which offset the rise in revenues from its internet ticketing and tourism operations. Its bottom line for the quarter saw a high-single-digit on-year rise, supported by a slower growth in expenses. However, the company reported a sequential decline in both metrics.
Share this Story:
