IRCTC2023-01-012023-03-31 IRCTC2023-01-012023-03-31 IRCTC2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member IRCTC2023-01-012023-03-31in-bse-fin:OneOperatingExpenses02Member IRCTC2023-01-012023-03-31in-bse-fin:OneOperatingExpenses03Member IRCTC2023-01-012023-03-31in-bse-fin:OneOperatingExpenses04Member IRCTC2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member IRCTC2023-01-012023-03-31in-bse-fin:FourOperatingExpenses02Member IRCTC2023-01-012023-03-31in-bse-fin:FourOperatingExpenses03Member IRCTC2023-01-012023-03-31in-bse-fin:FourOperatingExpenses04Member IRCTC2023-03-31 IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue01Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue02Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue03Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue04Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue05Member IRCTC2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue01Member IRCTC2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue02Member IRCTC2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue03Member IRCTC2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue04Member IRCTC2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue05Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults01Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults02Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults03Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults04Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults05Member IRCTC2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults01Member IRCTC2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults02Member IRCTC2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults03Member IRCTC2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults04Member IRCTC2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults05Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets01Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets02Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets03Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets04Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets05Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities01Member IRCTC2023-03-31in-bse-fin:OneReportableSegmentLiabilities01Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities02Member IRCTC2023-03-31in-bse-fin:OneReportableSegmentLiabilities02Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities03Member IRCTC2023-03-31in-bse-fin:OneReportableSegmentLiabilities03Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities04Member IRCTC2023-03-31in-bse-fin:OneReportableSegmentLiabilities04Member IRCTC2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities05Member IRCTC2023-03-31in-bse-fin:OneReportableSegmentLiabilities05Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 542830 IRCTC NOTLISTED Indian Railway Catering And Tourism Corporation Limited Equity 2022-04-01 2023-03-31 2023-05-29 2023-05-11 INR Lakhs Yearly 17:25:00 20:20:00 2023-05-29 2023-05-29 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2023-01-01 2023-03-31 Audited Standalone 9650163000.00 392668000.00 10042831000.00 175210000.00 310151000.00 -3016000.00 560783000.00 38998000.00 112160000.00 5360978000.00 6555264000.00 3487567000.00 258469000.00 3746036000.00 1151754000.00 -193707000.00 958047000.00 0.00 2787989000.00 0.00 0.00 0.00 0.00 2787989000.00 -3504000.00 2784485000.00 0.00 0.00 1600000000.00 2 3.48 3.48 0.00 0.00 3.48 3.48 0.00 0.00 0.00 1 The results reviewed by AC & approved by BOD in its meeting held on 29.05.23. SA have conducted audit of Fin. Statements. 2 The audited Fin. Results prepared in accordance with Ind-AS, u/s 133 of Co. Act, 2013 read with Companies (IAS) Rules, 2015. 3 Fig. for the qtr ended 31.03.23 & 31.03.22 represents the derived fig. b/w audited fig. in respect of relevant FY & the unaudited published year upto 31st Dec being date of end of the Q3 of the relevant FY. 4 Rly. Bd. vide CC no. CC60 of 2019 inc. catering tariff for post & pre-paid trains. However, effect of LF from 18.11.2019 to 22.03.2020 (for post paid trains) & 27.11.2021 to 31.12.2022 (for post & pre-paid trains) on a/c of inc. in tariff, has not been ascertained & recognized. After resumption of regular trains services, co. started process of sales assessment during 22-23 & it has been completed. Further, co. raised demand notices for increased LF for pre-paid trains but some of licensees challenged in Hon’ble HC of Mumbai. As the matter is sub- judice, hence impact of increase in LF for pre-paid trains has not been recognized in fin. statement for FY 22-23. 5 Co. has recognised Rly Share of Rs. 546.60 Lakhs. @ 15% of profit of RN Segment for FY 22-23. During PY 21-22, Rs. 2713.32 lakhs was paid & charged to revenue as 15% Rly share in profits of RN plants up to 31.3.2021 as Rlys have not agreed with co. No provision was made for FY 21-22 in view of loss incurred in RN segment after considering payment of Rs. 2713.32 lakhs as expense for that year. Matters/amounts are subject to confirmation and reconciliation with Rlys. 6 As per tender, in respect of 4 PPP RN plants, DCOs are to be reimbursed GST on sales net of ITC availed by them. The impact for the same of Rs. 442.46 lakhs has been accounted for in FY22-23 except for the2 plants. In PY 21-22 impact of Rs.309.28 lakhs was accounted except for 01 plant. Due to non-availability of ITC claimed by respective DCOs of 2 plants for the entire FY 22-23 and 01 plant for March’23, the same could not be estimated & accounted in the respective qtrs. & these DCOs have represented against the claim for ITC. Co. intends to take opinion from Ex-ASG and necessary decision will be taken accordingly. 7 NAA issued notice for profiteering amt. of Rs.5041.44 Lakhs u/s 171 of CGST Act, 2017 for not passing the benefit of tax reduction to consumers. SCN has been contested & matter was argued in Aug.,22 but final order still awaited. However, CCI which has been vested with powers to adjudicate all such cases. Now proceedings, if any, will be commenced afresh by CCI & as on date no communication has been received from CCI in this matter. 8 Arbitration award was pronounced in April, of Rs.7400 Lakhs plus simple int. @6% pa from July, 18 onwards, in favour of certain licensees. Matter has been referred to Rlys as main liability would be of Rlys & the Co. has right to recovery from Rlys. The Co. has filed objections against Arbitration award and it listed before HC of Delhi on 28.09.2022. Next date of hearing is 19.7.2023. 9 For FY 23, net Y on a/c of Exceptional items of Rs.2720.00 Lakhs incls excess provisions written back for PY for PRP, Rs.1085.74 lakhs as excess provisions written back for PY relating to IT & Rs.435.67 Lakhs being excess provisions written back for PY for other expenses. 10 In Dec. 2022, GOI further disinvested 400 Lakhs no. of shares of the Company through OFS. 11 The BOD has proposed final dividend of Rs. 2 per share subject to approval of the shareholders at the ensuing AGM. This is in addition to the interim dividend of Rs. 3.50 per share, thereby making total dividend for FY 2022-23 to Rs. 5.50 per share. 12 The fig. for the previous year/periods have been regrouped/reclassified/restated, wherever considered necessary. Multi segment 2022-04-01 2023-03-31 Audited Standalone 35414729000.00 1204305000.00 36619034000.00 756738000.00 1206858000.00 -13248000.00 2455241000.00 161125000.00 537296000.00 18246928000.00 23350938000.00 13268096000.00 272000000.00 13540096000.00 3846890000.00 -365605000.00 3481285000.00 0.00 10058811000.00 0.00 0.00 0.00 0.00 10058811000.00 22094000.00 10080905000.00 0.00 0.00 1600000000.00 2 23184041000.00 12.57 12.57 0.00 0.00 12.57 12.57 0.00 0.00 0.00 Expenses of Catering Services 2830177000.00 Expenses of Tourism 1532795000.00 Manufacturing and Direct Expenses 379709000.00 Other Expenses 618297000.00 Expenses of Catering Services 10728998000.00 Expenses of Tourism 4423543000.00 Manufacturing and Direct Expenses 1467370000.00 Other Expenses 1627017000.00 2236866000.00 337907000.00 265839000.00 0.00 1006611000.00 0.00 0.00 0.00 0.00 0.00 0.00 1131000.00 1131000.00 1305496000.00 2207253000.00 7361103000.00 96095000.00 0.00 11429140000.00 4288452000.00 15048862000.00 0.00 2088149000.00 32854603000.00 1089006000.00 9486781000.00 43526485000.00 0.00 0.00 50887588000.00 1600000000.00 23184041000.00 24784041000.00 24784041000.00 0.00 0.00 968875000.00 968875000.00 1054437000.00 0.00 8334000.00 158247000.00 2189893000.00 0.00 8521547000.00 3797354000.00 12318901000.00 11314557000.00 275780000.00 0.00 4416000.00 23913654000.00 0.00 0.00 26103547000.00 50887588000.00 Catering 3957785000.00 Internet Ticketing 2951220000.00 Railneer 733654000.00 State Teertha 654467000.00 Tourism 1385448000.00 Catering 14764866000.00 Internet Ticketing 11980342000.00 Railneer 3145673000.00 State Teertha 1537783000.00 Tourism 4122059000.00 9682574000.00 35550723000.00 32411000.00 135994000.00 9650163000.00 35414729000.00 Catering 480495000.00 Internet Ticketing 2599203000.00 Railneer 130130000.00 State Teertha 139674000.00 Tourism 135680000.00 Catering 1680073000.00 Internet Ticketing 10209251000.00 Railneer 364402000.00 State Teertha 287939000.00 Tourism 164547000.00 3485182000.00 12706212000.00 -260854000.00 -833884000.00 # Railneer segment results for the year ended 31st March, 2022 includes expenses of Rs.2713.32 Lakhs on account of Railway share in profits for earlier years. Notes: 1. Assets and Liabilities used in the company's business are not identified to any of the reportable segments as these are used interchangeably between segments. The Company believes that it is currently not practicable to provide segmental disclosure relating to total assets and liabilities since a meaningful segregation of the available data could be onerous. 2. For the year ended 31st March, 2023 and for the year ended 31st March, 2022, segment results include net exceptional items representing income of Rs.2720.00 Lakh and expenses of Rs. 400.45 Lakhs respectively which is allocated to various segment results as under:- For the year ended 31st March, 2023 For the year ended 31st March, 2022 Segment Rs. In Lakhs Rs. In Lakhs Catering 528.04 605.81 Railneer 174.15 (2,506.00) Internet Ticketing 1,584.99 1,275.27 Tourism 378.30 188.54 State Teertha 54.52 35.93 Total 2,720.00 (400.45) 3. Figures for the quarter ended 31st March, 2023 and 31st March, 2022 represents the derived figures between audited figures in respect of the full relevant Financial Year and the unaudited published year to date figures upto 31st December being the date of the end of the third quarter of the relevant Financial Year which were subjected to limited review by the statutory auditors of the Company. 3746036000.00 13540096000.00 Catering 0.00 Internet Ticketing 0.00 Railneer 0.00 State Teertha 0.00 Tourism 0.00 0.00 Catering 0.00 Internet Ticketing 0.00 Railneer 0.00 State Teertha 0.00 Tourism 0.00 0.00 62500000.00 -16816000.00 -6003007000.00 0.00 -985420000.00 -2112000.00 2610000.00 -392510000.00 -1415212000.00 1612654000.00 0.00 3950016000.00 197033000.00 537296000.00 0.00 -8178000.00 50897000.00 619972000.00 64827000.00 0.00 20520000.00 778249000.00 0.00 0.00 0.00 -23500000.00 -16960000.00 495000.00 0.00 -2564184000.00 10975912000.00 0.00 0.00 0.00 4289900000.00 0.00 6686012000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1493000.00 2386360000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20520000.00 604703000.00 0.00 23500000.00 0.00 -1736144000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 343454000.00 4000000000.00 0.00 0.00 0.00 -4343454000.00 606414000.00 0.00 606414000.00 0.00 606414000.00 -4682000.00 29526000.00 -1178000.00 7432000.00