IRCTC2023-07-012023-09-30 IRCTC2023-07-012023-09-30 IRCTC2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member IRCTC2023-07-012023-09-30in-bse-fin:OneOperatingExpenses02Member IRCTC2023-07-012023-09-30in-bse-fin:OneOperatingExpenses03Member IRCTC2023-07-012023-09-30in-bse-fin:OneOperatingExpenses04Member IRCTC2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member IRCTC2023-07-012023-09-30in-bse-fin:FourOperatingExpenses02Member IRCTC2023-07-012023-09-30in-bse-fin:FourOperatingExpenses03Member IRCTC2023-07-012023-09-30in-bse-fin:FourOperatingExpenses04Member IRCTC2023-09-30 IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue03Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue04Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue05Member IRCTC2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member IRCTC2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member IRCTC2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue03Member IRCTC2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue04Member IRCTC2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue05Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults03Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults04Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults05Member IRCTC2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member IRCTC2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member IRCTC2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults03Member IRCTC2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults04Member IRCTC2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults05Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets03Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets04Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets05Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member IRCTC2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member IRCTC2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member IRCTC2023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member IRCTC2023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member IRCTC2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities05Member IRCTC2023-09-30in-bse-fin:OneReportableSegmentLiabilities05Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 542830 IRCTC NOTLISTED Indian Railway Catering And Tourism Corporation Limited Equity 2023-04-01 2024-03-31 2023-11-07 2023-10-26 INR Lakhs Half yearly 12:45:00 15:30:00 2023-11-07 2023-11-07 true Cash Flow Indirect Not applicable Multi segment 2023-07-01 2023-09-30 Unaudited Standalone 9953177000.00 470707000.00 10423884000.00 180881000.00 392492000.00 -20477000.00 638187000.00 44165000.00 139977000.00 5096551000.00 6471776000.00 3952108000.00 0.00 3952108000.00 1009408000.00 -4075000.00 1005333000.00 0.00 2946775000.00 0.00 0.00 0.00 0.00 2946775000.00 17764000.00 2964539000.00 0.00 0.00 1600000000.00 2 3.68 3.68 0.00 0.00 3.68 3.68 0.00 0.00 0.00 1 Results reviewed by AC & BOD on 07.11.2023. 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 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) & 27.011.21 to 30.09.23 (for post & pre-paid trains) on a/c of inc. in tariff, not recognized. After resumption of regular train, Co. conducted & completed sales assessment. Further, Co. raised demand notices for inc. LF, but some of licensees challenged Co. decision in H’ble HC of Delhi, Mumabi, Kolkata & Guwahati. As the matter is sub-judice, impact of inc. in LF for pre-paid & post paid trains not recognized in fin. statements for Q2 & for prev. years upto 31.03.23. 4 Co. recognized Rly Share of Rs. 327.44 Lakhs at 15% of profit of RN for Q2 & for prev. FY 22-23 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 upto 31.03.21 as Rlys have not agreed. No provision was made for 21-22 due to loss in RN after considering payment of Rs.2713.32 lakhs as expense. 5 In respect of 4 PPP RN plants, DCOs are to be reimbursed GST(net of ITC) availed by them. In absence of info. of ITC, the ITC receivable of Rs.121.68 lakhs has been accounted for Q2 only for 1 plant & in prev. year 22-23, the impact of Rs.442.46 Lakhs (Financial Year 2021-22 Rs. 309.28 Lakhs) was accounted for 2 plants only. DCOs represented against claim of Co. for ITC. Matter is being examined. 6 NAA issued notice dated 25.02.22 for profiteering amt. of Rs.5041.44 Lakhs u/s 171 of CGST Act for not passing the benefit of tax reduction to consumers. SCN has been contested by Co. & matter was argued in Aug’22 but final order awaited. However, as per the notification No. 23/2022-Central tax issued on 23.11.23 (effective from 01.12.2022) by GOI, CCI is empowered to adjudicate matter. Proceedings stands concluded & now, if any, will be commenced afresh by CCI & no communication has been received from CCI in this matter. 7 Arbitration award pronounced in Apr’22 of Rs. 7400 Lakhs & simple int. at 6% pa from July’18 onwards, in favour of certain licensees. Matter is referred to Rlys for instructions as the main liability would be of Rlys & Co. has right to recovery from Rlys in case ultimately it is made liable to pay. As per Order dated 09.10.23, of HC, Co. has been advised to deposit BG of Rs.10521 Lakhs (Rs.7400 Lakhs & simple int. at 6% pa upto 19.08.23 i.e. till the date of filing petition). As advised by Rlys, co. has filed objections appeal against the award. Next date of hearing is 17.11.23. 8 (a) Co. received revised fixed, variable & Custody charges for 2 Tejas trains w.e.f. 13.08.21. Provision made for qtr ended 30.06.23 at revised rates. However, provision for differential amt. of PY (13.08.21 to 31.03.2023) made for Rs.5190.40 Lakhs & shown as an exceptional items in FR for qtr ended 30.06.23 even though Co. made representation to Rlys for waiver. Response is awaited. (b) For 22-23, net Y on acc. of Excep. items of Rs.2720 Lakhs incl. Rs.1198.59 Lakhs excess provisions written back for PY for PRP, Rs.1085.74 lakhs excess provisions written back for PY for Maint. & Deve. charges for IT & Rs. 435.67 Lakhs excess provisions written back for PY relating to various other expenses. 9 Arbitral Tribunal award, in C&K vs IRCTC sent in original to ICA, involving Claim of Rs.2270 Lakhs along with interest, for its pronouncement. As per award, IRCTC has wholly prevailed & the reliefs claimed by C&K have not been fully accepted. Hence, no financial implication on IRCTC. 10 BOD declared Interim Div. of Rs. 2.50 per share for 2023-24 in meeting held on 07.11.23. 11 Fig. for PYs regrouped/reclassified/restated, wherever considered necessary. Multi segment 2023-04-01 2023-09-30 Unaudited Standalone 19971033000.00 862817000.00 20833850000.00 371123000.00 887816000.00 -12225000.00 1300847000.00 85449000.00 276898000.00 10328032000.00 13237940000.00 7595910000.00 -519040000.00 7076870000.00 1836149000.00 -28225000.00 1807924000.00 0.00 5268946000.00 0.00 0.00 0.00 0.00 5268946000.00 5579000.00 5274525000.00 0.00 0.00 1600000000.00 2 6.59 6.59 0.00 0.00 6.59 6.59 0.00 0.00 0.00 Expenses of Catering Services 2913721000.00 Expenses of Tourism 1406438000.00 Manufacturing and direct expenses 403507000.00 Other expenses 372885000.00 Expenses of Catering Services 6242294000.00 Expenses of Tourism 2507897000.00 Manufacturing and direct expenses 783800000.00 Other expenses 794041000.00 2133999000.00 434289000.00 263956000.00 0.00 930837000.00 0.00 0.00 0.00 0.00 0.00 0.00 2540000.00 2540000.00 1331845000.00 3417312000.00 8514778000.00 107364000.00 0.00 13111134000.00 6816711000.00 13446798000.00 0.00 2460802000.00 35835445000.00 1485057000.00 9556037000.00 46983903000.00 0.00 0.00 55498681000.00 1600000000.00 26858566000.00 28458566000.00 28458566000.00 0.00 0.00 1045266000.00 1045266000.00 1106548000.00 0.00 8384000.00 205296000.00 2365494000.00 0.00 6997415000.00 6260895000.00 13258310000.00 11114506000.00 297389000.00 0.00 4416000.00 24674621000.00 0.00 0.00 27040115000.00 55498681000.00 Catering 4315242000.00 Interenet Ticketing 3275040000.00 Rail Neer 780052000.00 State teertha 648442000.00 Tourism 965579000.00 Catering 9086033000.00 Interenet Ticketing 6175756000.00 Rail Neer 1739443000.00 State teertha 767667000.00 Tourism 2271164000.00 9984355000.00 20040063000.00 31178000.00 69030000.00 9953177000.00 19971033000.00 Catering 742540000.00 Interenet Ticketing 2741506000.00 Rail Neer 96941000.00 State teertha 113897000.00 Tourism -55793000.00 Catering 1439509000.00 Interenet Ticketing 5141217000.00 Rail Neer 218291000.00 State teertha 133799000.00 Tourism -457236000.00 3639091000.00 6475580000.00 -313017000.00 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. 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 quarter ended 30th June, 2023 For the year ended 31st March, 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 -601290000.00 3952108000.00 7076870000.00 Catering 0.00 Interenet Ticketing 0.00 Rail Neer 0.00 State teertha 0.00 Tourism 0.00 0.00 Catering 0.00 Interenet Ticketing 0.00 Rail Neer 0.00 State teertha 0.00 Tourism 0.00 0.00 29061000.00 -11269000.00 -1696113000.00 0.00 -69256000.00 -150000.00 -1263000.00 -206892000.00 1602064000.00 -1704238000.00 0.00 -200051000.00 105366000.00 276898000.00 0.00 21609000.00 59566000.00 2710650000.00 126653000.00 0.00 0.00 582705000.00 0.00 0.00 0.00 -11749000.00 0.00 -9801000.00 0.00 438380000.00 7515250000.00 0.00 0.00 0.00 2232200000.00 0.00 5283050000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 277000.00 1337995000.00 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 0.00 416944000.00 0.00 11749000.00 0.00 -909025000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 245766000.00 1600000000.00 0.00 0.00 0.00 -1845766000.00 2528259000.00 0.00 2528259000.00 0.00 2528259000.00 23739000.00 7455000.00 5975000.00 1876000.00