IRCTC Q4 results preview: PAT likely to grow by one-fifth but margin may shrink by over 450 bps

IRCTC Q4 results preview: Indian Railway Catering and Tourism Corporation (IRCTC) — the only firm authorised by the Indian Railways to offer online railway ticket booking services in the country and manage food services on trains — is all set to report its financial results for the quarter ended March 2023 on Monday, May 29. Analysts expect a strong performance in the company's catering unit. 

According to Zee Business research, IRCTC is likely to report a consolidated net profit of Rs 258.6 crore for the three-month period, which translates to an increase of 20.9 per cent compared with the corresponding period a year ago. The analysts estimate the company's quarterly revenue at Rs 942 crore, growth of 36.3 per cent on a year-on-year basis.

IRCTC is expected to report Rs 336.5 crore in earnings before interest, taxes, depreciation and ammortisation (EBITDA), an increase 20.8 per cent compared with the year-ago period. 

According to the research, the company's margin — a key measure of profitability for a business — is pegged at 35.72 per cent as against 40.31 per cent a year ago. 

IRCTC shares: Past performance

IRCTC shares finished the March quarter with a loss of 10.5 per cent, worse than a 4.1 per cent decline in the headline Nifty index.  

Will IRCTC also announce a dividend on May 29?

IRCTC dividend history

Indian Railway Catering and Tourism Corporation has announced six dividends since a secondary market debut in October 2019. 

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