The government of India has conferred “Navratna” status on the Indian Railway Catering & Tourism Corporation Ltd.(IRCTC).

This recognition marks a momentous achievement as IRCTC icelebrates25 years of
excellence in catering, tourism, and online ticketing services in 2025. This is a testament to
the operational excellence of the Corporation in the Hospitality, Travel & Tourism sectors
achieved over the years.

IRCTC is the 25th CPSE to be conferred this status. Navratna PSUs play a crucial role in
nation-building by driving economic growth and enhancing India’s position in the global
competitive market. The upgraded status allows IRCTC to expand its footprint and enhance
its service offerings in the travel, tourism and hospitality sectors. The company has posted 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 the Financial Year 2023-24.

On this landmark occasion, Shri Sanjay Kumar Jain, Chairman & Managing Director
of IRCTC, stated: “Being conferred with Navratna status is a remarkable achievement that
underscores IRCTC’s strong financial performance, operational efficiency, and consistent
contribution to the Indian economy. This recognition results from the dedication and
relentless efforts of the entire IRCTC team over the past 25 years. As we embark on this new
chapter, IRCTC remains committed to delivering world-class services and pioneering
innovations in the railway hospitality and tourism sectors.”

On this occasion, IRCTC extends its gratitude to the Government of India, Ministry of
Railways, Ministry of Finance, stakeholders, and millions of passengers who have
contributed to this journey of success. With this latest recognition, IRCTC joins an elite
group of Navratna PSUs, reinforcing its position as a key player in India’s public sector
landscape.

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