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IRCTC net profit at Rs 295 crore in Q2

IRCTC net profit at Rs 295 crore in Q2

Indian Railway Catering and Tourism Corporation Ltd   has  reported the total revenue of the company touched Rs 995.31 crore, rising 23.5 per cent from Rs 805.80 crore in the same period last year, according to IRCTC’s regulatory filing. As per notification on SEBI , 30.4 per cent jump in net profit to Rs 294.67 crore for the July-September quarter of 2023-24 has been recorded , against profit of Rs 226 crore in the same quarter of the previous financial year.The higher profit was attributed to an increase in ticket and catering sales. EBIDTA for the quarter worked out to Rs 366.5 crore which represents an increase of 20.2 per cent. EBIDTA margin was at 36.8 per cent as compared to 37.8 per cent in the same quarter of the previous year.

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