IRCTC gains 5% day after issuing tender to monetise rail ticketing data

IRCTC | CMP: Rs 723 | The stock jumped over 7 percent on August 18. According to sources, IRCTC has floated tender to hire consultant for monetization of digital assets including user base, passenger travel related transactions. It has floated tender to hire consultant to monetize rail ticketing data.

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26 Aug, 2025 12:21

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Shares of  Indian Railway Catering and Tourism Corporation (IRCTC) gained over five per cent on August 19 a day after it floated a tender to monetise its data assets to boost revenue and increase profit.

IRCTC shares opened on the BSE at Rs 712, swinging to an intra day high of Rs 752.50 and an intra day low of Rs 697.75 during the session so far. At 1:05 pm, shares of IRCTC traded 5.08 per cent higher at Rs 749.25 apiece on the BSE.

The ticketing arm of the Indian Railway reportedly plans to generate Rs 1,000 crore in revenue through digital monetisation.

“IRCTC is a reservoir of huge amount of digital data which opens several opportunities for IRCTC for monetisation,” it said.

IRCTC, a public sector undertaking that provides ticketing in addition to catering and tourism services for the Indian Railways has been a strong monopoly in the railway ticketing space.

It recently reported a 198 percent jump in net profit at Rs 245.52 crore for the quarter ending June.

IRCTC's revenue from operations soared 250.34 percent to Rs 852.59 crore in the quarter under review as against Rs 243.36 crore in Q1FY22.