IRCTC Posts 14 Per Cent Rise In Q3 Web Revenue At Rs 341 Crore | Economic system Information
New Delhi: Indian Railway Catering and Tourism Company (IRCTC) on Tuesday reported a 13.7 per cent rise in its consolidated web revenue to Rs 341 crore for the October-December quarter of the present monetary 12 months in comparison with the corresponding determine of Rs 300 crore within the year-ago interval.
The entire income from operations elevated 10 per cent to Rs 1224.7 crore throughout the quarter below evaluation from Rs 1,115.5 crore within the year-ago interval, IRCTC mentioned in an alternate submitting.
The board of Indian Railway Catering and Tourism Company (IRCTC) accepted a second interim dividend of Rs 3 per share together with its monetary outcomes for the third quarter of the monetary 12 months 2024-25 (FY25) on Tuesday.
“The Board of Administrators of the corporate at its assembly held immediately (Tuesday, l1th February 2025), has inter-alia declared 2nd interim dividend on the fee of Rs 3/- per fairness share of the face worth of Rs 2 every i.e. @150 per cent for the Monetary 12 months 2024-25,” IRCTC mentioned in an alternate submitting.
The general public sector enterprise (PSU) has mounted Thursday, February 20, because the report date for figuring out the eligibility of shareholders for receiving the mentioned interim dividend.
A segment-wise breakup of the income stream exhibits that the catering phase earnings grew to Rs 554.81 crore in Q3 FY25 from Rs 507.76 crore in Q2 FY25, recording a development of 9.26 per cent. In the meantime, the packaged water consuming phase Rail Neer noticed a 15.02 per cent YoY to Rs 96.35 crore.
The web ticketing income recorded a 5.4 per cent development to Rs 353.72 crore within the December quarter. The tourism phase income was up 16 per cent YoY to Rs 223.73 crore.
Indian Railway Catering and Tourism Company reported a 4.5 per cent improve in standalone web revenue to Rs 307.8 crore for the quarter ending September 30, 2024. Web revenue within the year-ago interval stood at Rs 294.7 crore. Income from operations throughout the interval below evaluation stood at Rs 1064 crore, up 7.3 per cent y-o-y. Within the year-ago interval, standalone revenues had been Rs 992 crore.
