IRCTC shares in focus after Q3 PAT jumps 14% YoY to Rs 341 crore
Indian Railway Catering and Tourism Corporation (IRCTC) shares will remain in focus on Wednesday after the company reported a 14% year-on-year (YoY) rise in standalone net profit for the December quarter at Rs 341 crore, up from Rs 300 crore in the year-ago period.
Meanwhile, the Q3FY25 revenue from operations stood at Rs 1,225 crore, up 10% from Rs 1,115 crore reported in the corresponding quarter of the last financial year.
The state-run company also declared its second interim dividend of Rs 3 per equity share for the financial year 2024-25.
On a sequential basis, the profit after tax (PAT) grew 11% compared to Rs 308 crore reported in the July-September quarter of FY25. Regarding the topline, a 15% quarter-on-quarter growth was seen against Rs 1,064 crore reported in Q2FY25.
Also Read: Stocks in news: HAL, Ashok Leyland, Vodafone Idea, IRCTC, TVS Motor
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