Chennai, March 3 -- The Union on Monday accorded Navratna status to Indian Railway Catering and Tourism Corporation (IRCTC) and the Indian Railway Finance Corporation (IRFC).
With this,the IRCTC and IRFC has become the 25th and 26th Navartna among Central Public Sector
Enterprises respectively.
A Southern Railway release here said the Government has approved the upgradation of IRCTC to Navratna CPSE, making it the 25th Navratna among CPSEs.
IRCTC is a Ministry of Railways CPSE with an annual turnover of Rs 4,270.18 crore, PAT of
Rs 1,111.26 crore and a net worth of Rs 3,229.97 crore for FY 2023-24.
It said the Government also approved the upgradation of IRFC to Navratna CPSE, making it the
26th Navratna among CPSEs.
IRFC is a Minis...