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IRCTC Issues Tender To Monetise Rail Ticketing Data

IRCTC aims to generate Rs 1,000 crore in revenue through digital monetisation

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In a move to boost its revenue and increase profit, the Indian Railways Catering and Tourism Corporation (IRCTC) has floated a tender to monetise data assets, media reports on Thursday stated citing sources.

IRCTC aims 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 had a stellar first quarter this fiscal as it reported a 198 per cent jump in its net profit at Rs 245.52 crore.

Its revenue from operations also soared 250.34 per cent to Rs 852.59 crore in the first quarter of the fiscal. Revenue came in at Rs 246.34 crore in the first quarter of FY22.


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irctc ticketing data Monetisation