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IRCTC Posts 14 Per Cent Rise In Q3 Net Profit At Rs 341 Crore|Economy News


New Delhi: Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday reported a 13.7 percent increase in its combined internet revenue to Rs 341 crore for the October-December quarter of the existing fiscal year contrasted to the matching number of Rs 300 crore in the year-ago duration.

The overall income from procedures raised 10 percent to Rs 1224.7 crore throughout the quarter under testimonial from Rs 1,115.5 crore in the year-ago duration, IRCTC stated in an exchange declaring.

The board of Indian Railway Catering and Tourism Corporation (IRCTC) authorized a 2nd acting returns of Rs 3 per share together with its economic outcomes for the 3rd quarter of the fiscal year 2024-25 (FY25) on Tuesday.

“The Board of Directors of the company at its meeting held today (Tuesday, l1th February 2025), has inter-alia declared 2nd interim dividend at the rate of Rs 3/- per equity share of the face value of Rs 2 each i.e. @150 per cent for the Financial Year 2024-25,” IRCTC stated in an exchange declaring. .
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The public field endeavor (PSU) has actually repaired Thursday, February 20, as the document day for figuring out the qualification of investors for obtaining the stated acting returns.

A segment-wise break up of the income stream reveals that the providing sector profits expanded to Rs 554.81 crore in Q3 FY25 from Rs 507.76 crore in Q2 FY25, tape-recording a development of 9.26 percent. Meanwhile, the packaged water alcohol consumption sector Rail Neer saw a 15.02 percent YoY to Rs 96.35 crore. .
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The net ticketing income tape-recorded a 5.4 percent development to Rs 353.72 crore in the December quarter. The tourist sector income was up 16 percent YoY to Rs 223.73 crore. .
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Indian Railway Catering andTourism Corporation reported a 4.5 percent rise in standalone internet revenue to Rs 307.8 crore for the quarter finishing September 30, 2024. Net revenue in the year-ago duration stood at Rs 294.7 crore. Revenue from procedures throughout the duration under testimonial stood at Rs 1064 crore, up 7.3 percent y-o-y. In the year-ago duration, standalone earnings were Rs 992 crore.



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