IRCTC announces final dividend of ₹4 per share for FY 2023-24; check details here
₹4 per share of face value of ₹2 each for the financial year 2023-24.The final dividend declared by the Indian public sector undertaking is 200 per cent of the paid-up share capital and is subject to the shareholders' approval.“Recommended a Final Dividend of Rs.4/- per share of the face value of Rs. 2/- each for the financial year 2023-24l@200% of the paid-up share capital, subject to the approval of shareholders in the forthcoming Annual General Meeting," the firm said in an exchange filing.The final dividend declared is in addition to the interim dividend of ₹2.50 per share, which is 125% of the paid-up share capital declared by the Board of Directors in the month of November 2023.IRCTC announced a consolidated profit after tax (PAT) of ₹284 crore, reflecting a 1.8 per cent increase from the ₹278 crore reported in the same period last year.The consolidated revenue from operations for the reported quarter was ₹1,155 crore, compared to ₹965 crore in the same period last year.
This represents a year-over-year increase of 19.7 per cent. Milestone Alert!
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