Indian Railway Catering And Tourism (IRCTC) — Annual Report

IRCTC secured a decisive Supreme Court victory on November 7, 2025, where the Apex Court set aside all prior orders and dismissed caterers' claims for menu modification reimbursements and welcome drinks supply. The Court ruled the arbitral tribunal exceeded jurisdiction, finding claims lacked contractual basis and contradicted Railway Board circulars authorizing IRCTC unilateral menu changes. IRCTC is absolved of all financial liability with no operational impact.

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About Indian Railway Catering And Tourism Corporation Limited (IRCTC)

Consumer Services · Leisure Services · Listed on NSE

Market Cap: ₹42,876 Cr P/E: 34.6

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