IRCTC, Delhi Metro Rail Sign MoU for OR code--based tickets
RAILWAYS & METRO RAIL

IRCTC, Delhi Metro Rail Sign MoU for OR code--based tickets

In order to offer DMRC tickets with QR codes via the IRCTC platform, the Indian Railway Catering and Tourism Corporation (IRCT) and the Delhi Metro Rail Corporation (DMRC) signed a memorandum of understanding (MoU) on Monday.

According to the press release, the effort would help passengers of the IRCTC and the DMRC by expediting the travel process and cutting down on the amount of time spent in station lines.

In the first quarter of the current fiscal year (Q1FY24), IRCTC's standalone net profit decreased by 5.42 percent to Rs 232.21 crore from Rs 245.52 crore in the corresponding quarter of the previous year.

The overall revenue for the first quarter of FY24 was Rs 1,040.99 crore, up 18.69% from the same period last year (YoY) when it stood at Rs 877 crore.

In order to offer DMRC tickets with QR codes via the IRCTC platform, the Indian Railway Catering and Tourism Corporation (IRCT) and the Delhi Metro Rail Corporation (DMRC) signed a memorandum of understanding (MoU) on Monday. According to the press release, the effort would help passengers of the IRCTC and the DMRC by expediting the travel process and cutting down on the amount of time spent in station lines. In the first quarter of the current fiscal year (Q1FY24), IRCTC's standalone net profit decreased by 5.42 percent to Rs 232.21 crore from Rs 245.52 crore in the corresponding quarter of the previous year. The overall revenue for the first quarter of FY24 was Rs 1,040.99 crore, up 18.69% from the same period last year (YoY) when it stood at Rs 877 crore.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Hindalco Baphlimali Mine Secures ASI Certification

Hindalco Industries has announced that Utkal Alumina International Limited’s Baphlimali Bauxite Mine in Rayagada district, Odisha, has achieved Aluminium Stewardship Initiative (ASI) Performance Standard V3.1 certification.With this achievement, Baphlimali has become the first bauxite mining operation in India to secure ASI Performance Standard V3.1 certification.The certification covers planning, mining, onsite crushing and conveyor transportation of bauxite from the mine, which has an annual production capacity of 8.5 million tonnes. The mine supplies bauxite to Utkal Alumina’s refinery ..

Next Story
Infrastructure Urban

Hindustan Zinc Builds Young Leadership Pipeline

Hindustan Zinc is strengthening its next-generation leadership pipeline, with 10% of the company’s leaders now under the age of 35.The company said more than 62% of its workforce is under 35, while its gender diversity ratio stands at 26.3%. Young professionals are taking on roles across mining, manufacturing, technology, sustainability and business leadership.Over the past two fiscal years, Hindustan Zinc has hired nearly 700 young professionals. This includes 335 campus recruits in FY26 through its VLDP, GET, PGET and MT programmes from leading institutions across India.Amarendu Prakash, C..

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to International Markets

Vedanta Aluminium Metal Limited has expanded its flagship digital e-commerce platform, Vedanta Metal Bazaar (VMB), to international markets, enabling overseas customers to order and buy aluminium products online.The platform will now serve customers across Asia, Europe, Africa and the Americas. International buyers will gain access to more than 1,000 aluminium product variants along with simplified price booking, live LME-linked hedging and digital transaction management.Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 38,000 crore, in FY26 and fulfilled more t..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement