IRCTC2023-04-012023-06-30 IRCTC2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member IRCTC2023-04-012023-06-30in-bse-fin:OneOperatingExpenses02Member IRCTC2023-04-012023-06-30in-bse-fin:OneOperatingExpenses03Member IRCTC2023-04-012023-06-30in-bse-fin:OneOperatingExpenses04Member IRCTC2023-06-30 IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue01Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue02Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue03Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue04Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentRevenue05Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults01Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults02Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults03Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults04Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentResults05Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets01Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets02Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets03Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets04Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentAssets05Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member IRCTC2023-06-30in-bse-fin:OneReportableSegmentLiabilities01Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member IRCTC2023-06-30in-bse-fin:OneReportableSegmentLiabilities02Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member IRCTC2023-06-30in-bse-fin:OneReportableSegmentLiabilities03Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities04Member IRCTC2023-06-30in-bse-fin:OneReportableSegmentLiabilities04Member IRCTC2023-04-012023-06-30in-bse-fin:OneReportableSegmentLiabilities05Member IRCTC2023-06-30in-bse-fin:OneReportableSegmentLiabilities05Member IRCTC2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 542830 IRCTC NOTLISTED Indian Railway Catering And Tourism Corporation Limited Equity 2023-04-01 2024-03-31 2023-08-09 2023-07-27 INR Lakhs First quarter 13:30:00 16:10:00 2023-08-09 2023-08-09 Not applicable Multi segment 2023-04-01 2023-06-30 Unaudited Standalone 10017856000.00 392110000.00 10409966000.00 190242000.00 495324000.00 8252000.00 662660000.00 41284000.00 136921000.00 5231481000.00 6766164000.00 3643802000.00 -519040000.00 3124762000.00 826741000.00 -24150000.00 802591000.00 0.00 2322171000.00 0.00 0.00 0.00 0.00 2322171000.00 -12185000.00 2309986000.00 0.00 0.00 1600000000.00 2 2.90 2.90 0.00 0.00 2.90 2.90 1 Results reviewed by AC & BOD in meetings held on 09.08.2023. SA conducted ltd. review of UFR. 2 UFR prepared in acc. with Ind-AS, u/s 133 of Co. Act read with Cos. (IAS) Rules, 2015. 3 Fig. for Q4 rep. derived fig. b/w audited fig. in respect of full rel. FY & unaudited published yr. to date fig. upto 31st Dec., date of end of Q3 of rel. FY. 4 Rly. Bd. vide CC no. CC60 of 2019 inc. catering tariff for post & pre-paid trains. However, effect of inc. of LF from 18.11.19 to 22.03.20 (for post paid trains) & 27.11.21 to 30.06.23 (for post & pre-paid trains) on a/c of inc. in tariff, has not been recognized. After resumption of regular train services, Co. started sales assessment in 22-23. Further, Co. raised demand notices for inc. LF for pre-paid trains, but some of licensees challenged in Hon’ble HC of Mumbai. As the matter is sub-judice, impact of inc. in LF for pre-paid & post paid trains has not been recognized in fin. for Q3 & for previous years up to 31.03.23. 5 Co. has recognized Rly Share of Rs.182.03 Lakhs @ 15% of profit of RN for Q3 & for pre. FY 2022-23 of Rs.546.60 lakhs. During 21-22, Rs.2713.32 lakhs was paid & charged to revenue on a/c of 15% Rly share in profits of RN plants up to 31.03.21 as Rlys have not agreed. No provision was made for FY 21-22 in view of loss incurred in RN after considering payment of Rs.2713.32 lakhs as expense for that year. 6 In respect of 4 PPP RN plants, DCOs are to be reimbursed GST (net of ITC) availed by them. Impact of Rs.442.46 Lakhs ( FY 21-22 Rs. 309.28 Lakhs) was for 02 plants. DCOs represented against claim of Co. Matter is being examined. 7 NAA issued notice dated 25.02.22 for profiteering amt. of Rs.5041.44 Lakhs u/s 171 of CGST Act. SCN has been contested & matter was argued in Aug.’22 but final is still awaited. Now proceedings, if any, will be commenced afresh by CCI & no communication has been received from CCI. 8 Arbitration award was pronounced in Apr’22 of Rs.7400 Lakhs & simple int. @6% pa from July’18 onwards, in favour of certain licensees. Co. has filed objections. Next date of hearing is 09.10.23. 9 (a) Co. has received revised fixed, variable & Custody charges for 02 Tejas trains w.e.f 13.08.21. Provision made for Q3 at revised rates. However, provision for PY (13.08.21 to 31.03.23) for Rs.5190.40 Lakhs & shown as an excep. items in the FR for Q3 even though the Co. has made representation. (b) For PY, net Y on a/c of Excep. items of Rs.2720.00 Lakhs includes: (i) Rs.1198.59 Lakhs excess provisions written back for PY for PRP, (ii) Rs. 1085.74 lakhs excess provisions written back for PY for Maintenance & Development charges for IT & (iii) Rs. 435.67 Lakhs excess provisions written back for PY for various other expenses. 10 MoR in its ltr. dated 23.2.2023 stated that non-availability of catering services in trains even after 03 days from the date of intimation by Zonal Rlys, shall attract a fine of Rs. 01 lakh per day till the services commence. Co. represented to MoR. Response from MoR is awaited. Amt. of fine till 30.06.23 is neither ascertained nor any demand from Zonal Rlys received till date. 11 Arbitral Tribunal award, earlier kept in reserve, in C&K vs IRCTC case was sent in original to ICA, involving Claim of C&K against Co. of Rs. 2270 Lakhs along with interest, for its pronouncement & release in accordance with rule 68(a) of Domestic Commercial Arbitration 2022 & intimation of the same was given to the Co. on 03.08.23. As per said Rule, when an award has been made, Registrar shall furnish a true copy of award to parties by registered post provided the arbitration costs have been fully paid to Council. Co. has deposited its share of arbitration cost on 07.08.23 whereas the payment status of C&K is not known. In the absence of copy of award, the impact for the same on FR for Q3 is not known. 12. The fig. for the previous year/periods have been regrouped/reclassified/restated, wherever considered necessary. Expenses of Catering Services 3328573000.00 Expenses of Tourism 1101459000.00 Manufacturing and Direct expenses 380293000.00 Other Expenses 421156000.00 Catering 4770790000.00 Internet Ticketing 2900716000.00 Rail Neer 959392000.00 State teertha 119225000.00 Tourism 1305585000.00 10055708000.00 37852000.00 10017856000.00 Catering 696969000.00 Internet Ticketing 2399711000.00 Rail Neer 121350000.00 State teertha 19902000.00 Tourism -401443000.00 2836489000.00 -288273000.00 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 Co. 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 quarter ended 30.06.23 and for the year ended 31.03.23 segment results include exceptional item representing expenses of Rs.5190.40 Lakhs and net income of Rs.2720.00 Lakh respectively which are allocated to various segment results as under:- For the qtr ended 30.06 2023 For the year ended 31.03. 2023 Segment Rs. In Lakhs Rs. In Lakhs Catering - 528.04 Railneer - 174.15 Internet Ticketing - 1,584.99 Tourism 5,190.40 378.30 State Teertha - 54.52 Total 5,190.40 2,720.00 3. Figs. for the qtr ended 31.03.2023 represents the derived figs. between audited figs. in respect of the full relevant FY and the unaudited published year to date figures upto 31st Dec. being the date of the end of Q3 of the relevant FY which were subjected to limited review by the statutory auditors. 3124762000.00 Catering 0.00 Internet Ticketing 0.00 Rail Neer 0.00 State teertha 0.00 Tourism 0.00 0.00 Catering 0.00 Internet Ticketing 0.00 Rail Neer 0.00 State teertha 0.00 Tourism 0.00 0.00 Reamuserement of Post employment Benefit obligation -16284000.00 -16284000.00 -4099000.00 0.00