Stockrabit · Analysts
Questions across 1 call

Seema Kumar

Firm not listed in source transcripts

Indian Railway Catering And Tourism Corporation Limited

Indian Railway Catering And Tourism Corporation Limited CC-Sep23.pdf · 2023-11-08
Actually, this full tariff rate, FTR trains, these are train on demand booked by the party. So, there is not a fixed kind of a target we can fix, but I can give you the kind of YoY demand we have. This is not a very huge market, but it's a big responsibility, because it has been given entirely to the IRCTC to do the business. Last year, there were roughly 100-odd trains which are booked on full tariff rates. So, looking at the same kind of a traffic or maybe marginally depending on the market demand. So, these trains are booked by the parties for the movement on special occasions et cetera.
Right now, it can't be ascertained, but I can tell you what is the trend for the previous years. We will know by the end of the year or maybe during the course of discussion, we will let you know by mail the details of number of trains run and the size of the pie we are looking at through the FTR trains.