IRCTC to report Q4 numbers today; here is what you should know

IRCTC share price: Indian Railway Catering and Tourism Corporation (IRCTC) shares traded lower in Tuesday's (May 28) session ahead of the company slated to report its Q4 numbers after market hours.

Analysts expect the company's consolidated profit after tax (PAT) at Rs 311 crore against Rs 279 crore a year ago, up 11 per cent. The revenue for the fourth quarter is expected at Rs 1,146 crore against Rs 965 crore, up 19 per cent year-on-year (YoY). 

At close, shares of IRCTC were down 1.6 per cent or Rs 17.55 at Rs 1,082.7 apiece. The market capitalisation of the company at around the same time stood at Rs 86,616 crore.

How did IRCTC fare in Q3?

IRCTC reported a consolidated net profit of Rs 300 crore for the quarter ended December 31, 2023, up 17.4 per cent on a year-on-year basis. Its revenue grew 22 per cent to Rs 1,118.3 crore for the quarter under review, according to a regulatory filing.

The company's earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased 21 per cent to Rs 394 crore for the fiscal third quarter, while margin, a key measure of profitability, stood at 35.2 per cent. 

Revenue from the PSU's catering and internet ticketing units increased 29 per cent and 11.4 per cent to Rs 508 crore and Rs 335.3 crore respectively, according to the filing. While revenue from packaged drinking water Rail Neer increased 6.3 per cent to Rs 84 crore, that from its tourism and State Teertha businesses grew 36.2 per cent and 10 per cent to Rs 167.5 crore and Rs 28 crore, respectively. 

IRCTC share price: Past performance 

In a year, shares of IRCTC have given returns of over 70 per cent against Nifty50's rise of over 23 per cent.

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