Business Business: Railway giant Indian Railway Catering and Tourism (IRCTC) has announced its quarterly results. Government company IRCTC told XDench on Monday that its profit after tax was Rs 307.86 crore. IRCTC's profit increased by 4.4 percent year-on-year. The company had made a profit of Rs 294.67 crore in the same quarter a year ago. Along with the quarterly results, IRCTC has also announced its dividend and earnings date. Let us tell you that the company's shares closed at Rs 816.20 on BSE on Monday with a decline of about 2 percent. The company earned revenue of Rs 1,063.99 crore in the second quarter of the current financial year. The company's sales increased by 7.2 percent annually. In the same quarter a year ago, IRCTC's revenue was Rs 992.40 crore.
IRCTC has decided to declare a dividend of Rs 4 per share with face value Rs 2. Investors get 200% profit per share. The company has set November 14 as the record date for payment of interim dividend for 2024-25. We inform you that the registration date is the day on which the Company verifies the suitability of the qualified investors.
In the past year, the stock price of the railroad company has increased by only 23 percent. However, during this period, Sensex recorded a gain of 22.40 percent. IRCTC shares have fallen by 15 percent in the last three months. Let us tell you that the 52-week high level of this railway stock on BSE is Rs 1,148.30 and the 52-week low is Rs 658.25.
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