Delays in RBI payment aggregator license
The RBI has sought clarifications on the payment aggregator license application, and management could not provide a definitive timeline for approval.
IRCTC / Q4-FY25 / 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
medium
Pending litigation on catering vendor repricing
Litigation with vendors over post-COVID pricing revisions remains unresolved, with no clear timeline for resolution.
Seasonal moderation in catering revenue
Catering revenue was flat in Q4 due to Mahakumbh trains running without catering facilities, highlighting vulnerability to seasonal and policy-driven fluctuations.