IRCTC’s net profit in the second quarter increased by 30.36 percent to Rs 294.67 crore.
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IRCTC aims to upgrade, professionalise and manage catering and hospitality services at stations, trains and other places. Additionally, it is playing a helpful role in promoting both domestic and international tourism.
New Delhi. The net profit of public sector company IRCTC in the second (July-September) quarter of the current financial year 2023-24 increased by 30.36 percent to Rs 294.67 crore. The company’s net profit in the second quarter last year was Rs 226.03 crore.
Indian Railway Catering and Tourism Corporation (IRCTC) said in the information given to the stock market that the total revenue increased by 23.51 percent to Rs 995.31 crore, which was Rs 805.80 crore in the same period last year. According to the company, its board of directors has declared an interim dividend of Rs 2.50 per equity share.
IRCTC aims to upgrade, professionalise and manage catering and hospitality services at stations, trains and other places. Additionally, it is playing a helpful role in promoting both domestic and international tourism. The company comes under the Ministry of Railways.
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