IRCTC dividend: Indian Railway Catering and Tourism Corporation (IRCTC) board has recommended a dividend of Rs 2 per equity share of Rs 2 each to the shareholders for the financial year 2022-23 on Monday. The payout translates to 100 per cent against the face value of Rs 2 per equity share. This is in addition to the interim dividend of Rs 3.50 that the company had announced in February 2023.

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In an exchange filing, IRCTC said, "Recommended a Final Dividend of Rs.2/- per equity share of face value of Rs. 2/- each for the financial year 2022-23 [@100% of the paid-up share capital of Rs. 160' cr.], subject to the approval of shareholders in the forthcoming Annual General Meeting. This Final Dividend is in addition to the Interim Dividend of Rs.3.50/- per share declared by the Board of Directors in the month of February 2023 and already paid to the shareholders."

IRCTC dividend history

IRCTC has declared six dividends since the listing of its shares in October 2019.

Here's a look at its previous dividend announcements — 

Dividend announcement date Dividend type Dividend amount (in rupees per share) Dividend ex-date
February 9, 2023 Interim 3.5 February 22, 2023
May 30, 2022 Final 1.5 August 18, 2022
February 8, 2022 Interim 2 February 17, 2022
June 29, 2021 Final 5 September 21, 2021
July 10, 2020 Final 2.5 October 19, 2020
February 12, 2020 Interim 10 February 24, 2020
 

 

IRCTC Results Q4FY23

The company reported a net profit of Rs 278.79 crore at the end of quarter ending March 31, 2023 — reporting a rise of Rs 65.01 crore (or 30.4 per cent) — from Rs 213.78 crore it had reported at the end of Q4FY22.
The revenue from operations rose to Rs 965 crore in Q4FY23, reporting a rise of 39.66 per cent against Rs 690.96 crore reported at the end of Q4FY22.