| Company | Value | Change | %Change |
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In terms of revenue, IRCTC saw a 10% increase, totaling ₹1,224.7 crore compared to ₹1,115.5 crore in Q3 of the previous year. The company’s EBITDA also rose by 5.7%, reaching ₹417 crore, as opposed to ₹394 crore recorded in the corresponding period of the previous year.
Despite the positive growth in profits and revenue, the company reported a slight dip in its EBITDA margin, which stood at 34% in Q3, compared to 35.3% in the same quarter of the previous year.
#3QWithCNBCTV18 | #IRCTC reports #Q3Results ????
????Net profit up 13.7% at ₹341 cr vs ₹300 cr (YoY)????Revenue up 10% at ₹1,224.7 cr vs ₹1,115.5 cr (YoY)
????EBITDA up 5.7% at ₹417 cr vs ₹394 cr (YoY)
????Margin at 34% vs 35.3% (YoY) pic.twitter.com/d8oNO497QC
— CNBC-TV18 (@CNBCTV18Live) February 11, 2025
IRCTC declares interim dividend
The Board of Indian Railway Catering and Tourism Corporation (IRCTC) approved a second interim dividend of ₹3 per share for FY25 on February 11. The dividend, which amounts to 150% of the face value, will be paid on equity shares with a face value of ₹2 each. IRCTC has set February 20 as the record date to determine shareholder eligibility for the dividend.
IRCTC share price settled more than 3% lower today on the NSE, quoting at ₹750.10 apiece. The stock has corrected nearly 17% in the last one year.
First Published: Feb 11, 2025 4:28 PM IST
