IRCTC Q4

 

IRCTC Q4 Results: Net profit rises 30% YoY to Rs 279 crore; final dividend declared

The company's revenue from operations increased 39.6 percent to Rs 965 crore for the quarter under review as against Rs 691 crore in the same quarter last fiscal.

  MONEYCONTROL NEWS

  

MAY 29, 2023 / 10:30 PM IST 

  
  
  
  
  

IRCTC's board has also recommended a final dividend of Rs 2 per equity share of face value of Rs 2 each for the financial year 2022-23

More IRCTC on May 29 reported 30.4 percent year-on-year (YoY) rise in standalone net profit at Rs 279 crore for the quarter ended March 31, 2023. The tourism and ticketing arm of the Indian Railways had posted a net profit of Rs 214 crore in the year-ago 

The company's revenue from operations increased 39.6 percent to Rs 965 crore for the quarter under review, as against Rs 691 crore in the same quarter last fiscal.

The company's earnings before interest, taxes, depreciation, and amortization or EBITDA was up 16.5 percent at Rs 324.6 crore in march quarter this fiscal as against Rs 278.5 crore in last fiscal, while the margin stood at 33.6 percent versus 40.3 percent (YoY).

Moreover, the revenue from catering segment rose 49 percent year-on-year to Rs 396 crore versus Rs 266 crore in the March quarter, last year

Sources money control