Brief: IRCTC Rev & Profitability Likely To Be Adversely Impacted Due To COVID-19 For April-June Qtr

Indian Railway Catering and Tourism

25/06/2020 12:35

June 25 (Reuters) - Indian Railway Catering and Tourism
Corporation Ltd  INIR.NS :
    * IMPACT OF COVID-19 ON REVENUE FROM CATERING BUSINESS HAS
BEEN
MINIMAL IN FY 2019-20
    * SALES OF RAIL NEER IS EXPECTED TO BE LOW IN UPCOMING SIX
MONTHS
    * REVENUE FROM CATERING BUSINESS FOR Q1 FY21 MAY BE
ADVERSELY
EFFECTED
    * COMPANY IS DEBT FREE AND HAS ENOUGH LIQUIDITY FOR
ARRANGEMENTS
    * CO'S REVENUES & PROFITABILITY LIKELY TO BE ADVERSELY
IMPACTED
DUE TO COVID-19 FOR APRIL-JUNE QUARTER OF 2020

Source text: (https://bit.ly/2YwxV8X)
Further company coverage:  INIR.NS 

 ((Reuters.Briefs@thomsonreuters.com;))