Indian Railway Catering and Tourism Corporation (IRCTC) share price jumped 3% to an intra-day high of Rs 800 on the National Stock Exchange. The surge in the stock price came after the company reported its quarterly earnings for the fourth quarter of the financial year 2024-25. However, the stock came off highs to trade flat at Rs 776.20 around 10:30 AM.
The company posted consolidated net profit at Rs 358 crore in the last quarter of FY25, a growth of 26% year-on-year, as against Rs 284 crore in the same period a year ago. The company’s Q4 revenue from operations stood at Rs 1,269 crore, an increase of 10% YoY compared with Rs 1,152 crore recorded in the same quarter of the last fiscal year.
IRCTC dividend announcement
Also, the company announced a final dividend of Re 1 for the financial year 2024-25.
For the whole financial year 2024-25, IRCTC’s net profit stood at Rs 1,315 crore compared with Rs 1,111 crore posted in FY24. The revenue from operations came in at Rs 4,675 crore in FY25, compared with Rs 4,26O crore in the previous financial year.
IRCTC Q3 earnings
The company recorded a 14% increase in consolidated net profit at Rs 341 crore for Q3 of FY25, as against Rs 200 crore posted during the same period last year. The consolidated revenue from operations for the quarter stood at Rs 1,225 crore in the third quarter of the financial year 2024-25, an increase of 10% YoY versus Rs 1,115 crore in Q3 FY24. Its total expenses rose by 11% at Rs 825 crore, as against Rs 740 crore in Q3 FY24. The company’s earnings before interest, taxes, depreciation, and amortisation (Ebitda) increased by 5.7% to Rs 417 crore in Q3 FY25, compared with Rs 394 crore in the same period last year.
IRCTC stock performance
The share price of IRCTC has fallen 0.1% in the last five trading sessions. The stock has given a return of 2.2% in the previous one month. However, the stock has declined by 4.5% in the previous six months. IRCTC has erased 25% of investors’ wealth in the previous one year.