Indian Railway Catering and Tourism Corporation (IRCTC) reported a 13% rise in consolidated net profit from continuing operations, reaching ₹341.08 crore for the December 2024 quarter, driven by increased income.
In the corresponding quarter last year, the state-owned enterprise had recorded a net profit of ₹299.99 crore, as disclosed in its regulatory filing on Tuesday.
Revenue Growth and Dividend Announcement
IRCTC’s total income surged to ₹1,281.20 crore, compared to ₹1,161.04 crore in the same period last year, reflecting robust operational performance.
Following the strong financial results, the company’s Board of Directors approved a second interim dividend of ₹3 per equity share with a face value of ₹2 each for the financial year 2024-25.
The company has designated February 20, 2025, as the record date for the payment of the dividend.
Stay tuned with PSU Watch for more updates on IRCTC’s financial performance and strategic initiatives.
