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IRCTC Q3 Results: Dividend’s gift to shareholders, Net profit increased 14% in December quarter

IRCTC Q3 Results: The Indian Railway Catering and Tourism Corporation (IRCTC) has released the results of the third quarter of FY25 on 11 February today. The company’s consolidated net profit has increased by 13.7 per cent in the October-December quarter. The company has recorded a net profit of Rs 341 crore during this period. The government company had earned a net profit of Rs 300 crore a year ago in the same period. IRCTC shares have fallen by 2.88 per cent today and this stock has closed at Rs 751.25 on BSE. The company has released the results after the market was closed.

IRCTC revenue increased by 10%

IRCTC told the stock market that its total revenue increased by 10 per cent to Rs 1224.7 crore in the December quarter, which was Rs 1,115.5 crore in the same quarter a year ago. In the third quarter of the current financial year, Ebitda increased by 5.7 percent to Rs 417 crore, which was Rs 394 crore in the same quarter of a year ago.

The company’s margin was recorded from 35.3 percent to 34 percent during the quarter. The total income of the company increased to Rs 1,281 crore for the December 2024 quarter, compared to Rs 1,161 crore in the same quarter a year ago.

IRCTC announced dividend

The IRCTC board has also declared the second interim dividend of Rs 3 per share for shareholders. The company has set up on Thursday, 20 February 2025 as a record date for payment of second interim dividend of FY 2024-25. The company said in the exchange filing that the board has declared the second interim dividend at the rate of Rs 3 on each equity share of Rs 2 face value for FY 2024-25.

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