IRCTC shares in focus today as Q2 PAT rises 4% YoY
Indian Railway Catering and Tourism Corporation (IRCTC) will be in focus in Tuesday's trade following the company's second quarter results.
The company reported 4% growth in its consolidated net profit at Rs 308 crore in the second quarter ended September 2024. It was Rs 295 crore in the last-year quarter.
Consolidated revenue from operations for the reporting period stood at Rs 1,064 crore, up 7% compared with Rs 992 crore in the corresponding period of last year.
The board has declared an interim dividend of Rs 4 per share of face value of Rs 2 each for the financial year FY25. The company has fixed November 14 as the record date for determining the eligibility of shareholders.
The company reported an EBITDA of Rs 373 crore in the July-September 2024 period, which is up marginally from Rs 367 crore in the last year period. Meanwhile, margins declined marginally to 35.05%.
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