Retrospective haulage charge revision for Tejas
Ministry of Railways imposed revised haulage charges from Aug 2021 to Mar 2023, resulting in a one-time provision of INR 51.9 crore. Management is seeking reconsideration but outcome uncertain.
IRCTC / Q1-FY24 / risks
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Indian Railway Catering And Tourism Corporation · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
high
Convenience fee revision not under IRCTC control
Management stated that convenience fee revision is decided by Ministry of Railways and IRCTC is not currently considering any change, limiting pricing power in ticketing.
Catering tariff fixed at 2019 levels despite inflation
Catering tariffs are fixed by Ministry of Railways at 2019 levels, and any input cost inflation is borne by licensees, but could impact contract renewals or service quality.