IRCTC Q1 results show revenue up from 1004.28 crores to 1041 crores, a 3.66% increase in growth. EPS down from ₹3.48 to ₹2.90, down by 16.67%.
First, Let’s Begin with Quarter-on-Quarter Basis:
IRCTC shared its Q1 results on Wednesday. They earned 1041 crores in revenue this quarter, but that’s more than the 1004.28 crores they made last quarter. The company’s growth increased by 3.66 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 232.22 crores, up from 278.80 crores in the previous quarter. Their quarter-to-quarter growth increased by 16.71 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹2.90, which is a decrease of 16.67% from the ₹3.48 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 1041 crores this year (2023), which is 18.70 percent higher than last year’s total revenue of 877 crores.
This year’s PAT (Profit After Tax) is 232.22 crores, which is also 5.42% lower than last year’s PAT of 245.52 crores.
The EPS (Earnings Per Share) for this year is ₹2.90, which is 5.54% less than the EPS of ₹3.07 earned last year.
IRCTC Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About IRCTC:
The Indian Railway Catering and Tourism Corporation (IRCTC) is a public sector organization in India responsible for offering ticketing, catering, and tourism services in conjunction with the Indian Railways. It was initially entirely owned by the Government of India and functioned under the oversight of the Ministry of Railways. However, since 2019, it has been listed on both the National Stock Exchange and Bombay Stock Exchange, while the Government retains its majority ownership.
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