New Delhi: Indian Railway Catering and Tourism Corporation (IRCTC) share price in focus on August 13, 2024, i.e. Tuesday as the Railway PSU is set to declare its Q1 Results for 2024-25 today. IRCTC is the market leader in providing services including ticketing service, catering, and tourism services.
Ahead of the railway ticketing firm’s June quarter results, the IRCTC share price was at Rs 921.95 at 11:06 am.
IRCTC Q4 Results 2023-24
IRCTC had declared an increase of two per cent in its consolidated net profit at Rs 284 crore in last quarter of 2023-24 as compared to Rs 279 crore in the Q4FY23. In its financial statement, the Railway firm mentioed a 19 per cent jump in revenue from operations to Rs 1,155 crore in the March quarter, compared to Rs 965 crore in the year-ago period. The company’s earnings before interest, tax, depreciation and amortization (EBIDTA) for the quarter stood at Rs 402.96 crore growing by 3.4 percent.
In the stock exchange filing, Indian Railways’ e-ticketing and catering arm had declared a final dividend of Rs 4 per share of face for the FY24 subject to shareholders’ approval.
Despite being the only firm authorised by the government of India to provide online train tickets, catering services to railways, and packaged drinking water at railway stations and trains in India, the contribution of internet ticketing to overall revenue declined.
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Indian Railway Catering and Tourism Corporation (IRCTC) will declare its June quarter results of 2024-25 on August 13, 2024. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
