IRCTC Reports Strong Q3 Earnings and Declares Dividend

NEW DELHI. Indian Railway Catering and Tourism Corporation (IRCTC), a Navratna public sector company, announced a 15.51 percent year-on-year increase in consolidated net profit for the October-December quarter of FY26, reaching Rs 395 crore compared to Rs 342 crore in the same period last year. Revenue from core operations also grew robustly by 18 percent to Rs 1,449 crore, driven by improved performance across segments such as catering, internet ticketing, Rail Neer packaged drinking water, and tourism. Despite rising revenue, expenses increased by 21 percent to Rs 1,001 crore. The company’s board declared a second interim dividend of Rs 3.50 per share, amounting to 175 percent for FY26, with the record date set for February 20, 2026. IRCTC’s shares closed slightly lower at Rs 622 on Thursday after the results announcement, reflecting a 1.01 percent decline from the previous close. Over the past five years, IRCTC shares have delivered over 79 percent returns, though they experienced a decline of over 3 percent in the last three years and over 18 percent in the past year, with a year-to-date drop of 9.28 percent in 2026.