About 230 special trains and Shramik specials that have been announced during the lockdown will continue to operate, but normal trains that were cancelled till June 30 will remain inoperational till August 12 now, it said.
Indian Railways had resumed passenger train services with around 15 pairs of trains from 12 May, 2020. After Unlock 1.0, the national transporter is now running another 200 special trains since June 1.
is set to report its March quarter earnings later in the day. According to analysts at Spark Capital, IRCTC
could post net profit at Rs 133.5 crore for the quarter under review, a sequential dip of 35 per cent from Rs 206 crore logged in the previous quarter of FY20.
"Revenue is likely to decline 17 pr cent QoQ to Rs 594.3 crore compared to Rs 716 crore logged in Q3FY20. EBIT margins, meanwhile, are seen contracting by ~700bps QoQ," they wrote in their earnings preview note.
They estimate EBIT at Rs 166.4 crore, down from Rs 253.5 crore in Q3FY20.
At 10:26 am, the stock was trading 3 per cent lower at Rs 1,377.5 on the BSE, as against a 152 points, or 0.44 per cent, rise in the benchmark S&P BSE Sensex.