IRCTC Q3 Net Profit Shot By 167%; Dividend Announced

Indian Railway Catering and Tourism (IRCTC) have reported its Q3 FY22 results which ended in December 2021. It has showed a consolidated net profit of Rs 208 crore. The profits per cent are high by 167 % against Rs 78 crore reported in Q3 FY2021.

The profit earned by IRCTC in Q2 FY22 was Rs 158 crore which jumped by 31.68% in next quarter. Revenue from operations increased by 140 percent to Rs 540 crore in Q3 FY22 against Rs 224 crore in Q3 FY21.

Also read:

Indigo Showed Profits In Q3 Of FY22; After Losses In 7 Quarters

Revenue from catering business surged to Rs 104 crores, Internet ticketing segment had a total revenue of Rs 312 crore and Rail Neer revenue rose to Rs 50 crore in third quarter of FY22.

Revenue in tourism segment has also increased by 353% and it is currently at Rs 68 crore in Q3 FY22. IRCTC has also decided to give an interim dividend of Rs 2 per share for FY22. All the shareholders will get their payments on February 18.

Today IRCTC closed at a 1.38% high; the closing price of the share was Rs 849.70.

Siddhant Baranwal

Siddhant is a Content Creator. He has been doing this for past three years and have managed to gain good attention of audiences for his work. He is an active reader and has huge respect for art and theatre.

Related Articles

Back to top button

AdBlocker Detected

Please Disable Adblock To Proceed & Used This Website!