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2 min read | Updated on February 11, 2025, 16:51 IST
SUMMARY
Indian Railway Catering and Tourism Corporation on Tuesday, announcing its financial results for the December quarter (Q3 FY25), posted a 14% growth in its consolidated net profit to ₹341.09 crore. On a quarter-on-quarter (QoQ) basis, the net profit increased by 11%.
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Revenue from operations of IRCTC stood at ₹1,224.66 crore in Q3 FY25, up 9.8% as compared to ₹1,115.48 crore
Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday posted a 14% jump in its consolidated net profit to ₹341.09 crore in the October-December quarter of the current fiscal year (Q3 FY25) as against ₹300 crore in the year-ago quarter.
The company’s Board also announced an interim dividend of ₹3 per share with a face value of ₹2 each (150% for the financial year 2024-25). The record date for the dividend is set as February 20, 2025. This will be the second interim dividend of FY25.
Shares of IRCTC ended 3.05% down at ₹750.10 apiece on the NSE on Tuesday, February 11. Its market capitalisation stood at ₹60,008.00 crore. The Q3 FY25 earnings were declared after the markets closed.
Revenue from operations stood at ₹1,224.66 crore, up 9.8% year-on-year (YoY) as against ₹1,115.48 crore in Q3 FY24.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 6% to ₹416.57% crore as compared to ₹393.97 crore in the year-ago period. EBITDA margin stood at 34% for the quarter under review.
On a sequential basis, the consolidated profit after tax rose by 10.79% from ₹307.86 crore, while its revenue increased by 15% from ₹1,063.99 crore in Q2 FY25.
Total expenses stood at ₹824.65 crore, up 11.41% YoY from ₹740.17 crore posted in the year-ago period.
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