Indian Railway Catering & Tourism Corporation Ltd Share Price – NSE  / BSE

Railways, Mid Cap

Indian Railway Catering & Tourism Corporation announced the appointment of Shivendra Shukla, Executive Director (Passenger Marketing), Railway Board as Part-time Government Director on the Board of the company with immediate effect.

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Revenue from operations grew by 11.81% to Rs 1,120.15 crore in Q1 FY25 as compared with Rs 1,001.79 crore reported in Q1 FY24.

Profit before exceptional items and tax stood at Rs 409.59 crore in Q1 FY25, registering the growth of 12.41% from Rs 364.38 crore reported in Q1 FY24.

Exceptional items was at Rs 2.21 crore during the quarter, representing reversal of RU, stabling and other charges waived off on Golden Chariot train by KTDC for the previous financial years 2022-23 and 2023-24.

Total expense jumped 12.61% year on year to Rs 761.91 crore in Q1 FY25. Cost of materials consumed was at Rs 17.35 crore (down 8.78% YoY), expenses of catering services stood at Rs 394.2 crore (up 18.43% YoY), tourism expenses were at Rs 97.62 crore (down 11.38% YoY) and manufacturing and direct expenses stood at Rs 46.7 crore (up 22.8% YoY) during the period under review.

On segmental front, revenue from Catering was Rs 558.89 crore (up 17.15% YoY), Rail Neer was at Rs 111.47 crore (up 16.19% YoY), Internet Ticketing stood at Rs 329.07 crore ( up 13.45% YoY) and Tourism was at Rs 124.88 crore (down 12.35% YoY) during the quarter.

Indian Railway Catering and Tourism Corporation (IRCTC) are an Indian public sector undertaking that provides ticketing, catering, and tourism services for the Indian Railways.

The scrip fell 0.65% to Rs 918.30 on the BSE.

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Net profit of Indian Railway Catering & Tourism Corporation rose 32.51% to Rs 307.72 crore in the quarter ended June 2024 as against Rs 232.22 crore during the previous quarter ended June 2023. Sales rose 11.81% to Rs 1120.15 crore in the quarter ended June 2024 as against Rs 1001.79 crore during the previous quarter ended June 2023.

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Indian Railway Catering&Tourism Corp. announced that the Annual General Meeting (AGM) of the company will be held on 30 August 2024.

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