IRCTC Q3 Results FY25: Cons PAT jumps 14% to Rs 341 crore. Rs 3 per share dividend announced

Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday reported a 14% growth in its December quarter standalone net profit at Rs 341 crore versus Rs 300 crore reported in the year ago period. The Q3FY25 revenue from operations stood at Rs 1,225 crore, up 10% over Rs 1,115 crore reported in the corresponding quarter of the last financial year.

The state-run company also declared its second interim dividend of Rs 3 per equity share for the financial year 2024-25.

On a sequential basis, the profit after tax (PAT) grew 11% versus Rs 308 crore reported in the July-September quarter of FY25. As for the topline, a 15% quarter-on-quarter growth is seen against Rs 1,064 crore reported in Q2FY25.

The double-digit growth in revenue and PAT was despite higher expenses incurred by the company in the quarter under review. The company reported total expenses of Rs 824.28 crore in Q3FY25 which were 11% higher versus Rs 740 crore posted by the company in the year ago period. On a QoQ basis, it was an uptick of 4.6%.

The expenses include head like cost of material consumed, purchase of stock-in-trade and employee benefit expenses among other things.

Segment revenue

The revenue form IRCTC’s Catering business stood at Rs 555 crore in Q3FY25 versus Rs 482 crore in Q2FY25 and Rs 508 crore in Q3FY24.The revenue form its ‘Rail Neer’ business stood at Rs 96 crore versus Rs 90 crore in Q2FY25 and Rs 84 crore in Q3FY24. Its internet ticketing business delivered a revenue of Rs 354 crore in Q3FY25 versus Rs 371 crore in Q2FY25 and Rs 335 crore in Q3FY24.

The tourism business yielded revenues of Rs 224 crore versus 124 crore in Q2FY25 and Rs 193 crore in Q3FY24.

The earnings were announced after market hours and IRCTC shares today ended at Rs 750.10 on the NSE, down 23.60 or 3.05% over Friday closing price.