IRCTC Q1 Results Revenue of ₹1,15,477.30 Lakhs & Profit ₹28,436.54 Lakhs

Indian Railway Catering and Tourism Corporation (IRCTC) reported financial performance In the first quarter of 2024,. The company earned a total revenue of ₹1,15,477.30 lakhs, which is higher than the previous quarter's revenue of ₹1,11,830.22 lakhs and significantly higher compared to ₹96,501.63 lakhs in the same quarter last year.

This indicates a strong growth in revenue. The company also generated other income amounting to ₹3,263.45 lakhs, a decrease from ₹4,556.15 lakhs in the previous quarter but higher than ₹3,926.68 lakhs last year.

Indian Railway Catering and Tourism Corporation’s total income for the quarter stood at ₹1,18,740.75 lakhs. Despite an increase in expenses, including costs for materials, catering services, and tourism, IRCTC reported a profit before exceptional items of ₹37,434.84 lakhs.

After accounting for exceptional items and taxes, the company achieved a net profit of ₹28,436.54 lakhs. The earnings per share (EPS) were ₹3.55.

Source: Here

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IRCTC Q1 Results 2024-2025

IRCTC’s table provides a comprehensive view of financial performance for the quarter, detailing income, expenses, and profitability.

Here is a detailed breakdown of IRCTC's financial results for the quarter ended March 31, 2024:

IRCTC Stock Overview

The table of IRCTC shows important financial details for a company, The Market Cap of ₹73,448 Crores tells us the total value of all its shares combined. Current Price of ₹918 is the price for one share right now. The High / Low values, ₹1,148 and ₹636, are the highest and lowest prices the shares have reached.

Here’s a summary of the financial details:

Quarterly Results 

The data shows IRCTC's financial performance over three quarters. In September 2023, IRCTC had sales of ₹995 crore and a net profit of ₹295 crore. By December 2023, sales increased to ₹1,118 crore, and net profit rose slightly to ₹300 crore. In March 2024, sales continued to grow to ₹1,155 crore, but net profit decreased to ₹284 crore. 

Here is a simplified summary of the financial metrics:

( Figures in Rs. Crores)

About IRCTC

The Indian Railway Catering and Tourism Corporation (IRCTC) is a public company in India that was set up on September 27, 1999. It provides various services related to Indian Railways, which is a major part of the Indian transportation system. IRCTC is responsible for online ticketing, catering, tourism, and hospitality services for Indian Railways.

IRCTC helps people book train tickets online, making it easier for passengers to get reservations without having to visit railway stations. The company also manages food and drink services on trains and at railway stations. Additionally, IRCTC offers tourism services, including organizing travel packages and sightseeing tours.

IRCTC is based in New Delhi and is owned mainly by the Government of India, which holds about 62.4% of the shares. IRCTC was listed on the National Stock Exchange and Bombay Stock Exchange in 2019. As of December 2023, it has around 66 million registered users. On average, it handles the booking of about 731,000 train tickets every day.