IRCTC surges on reporting around 5-fold jump in Q2 net profit
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Indian Railway Catering And Tourism Corporation is currently trading at Rs. 859.05, up by 13.40 points or 1.58% from its previous closing of Rs. 845.65 on the BSE.
The scrip opened at Rs. 870.00 and has touched a high and low of Rs. 885.70 and Rs. 809.45 respectively. So far 1440822 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1278.60 on 19-Oct-2021 and a 52 week low of Rs. 258.20 on 04-Nov-2020.
Last one week high and low of the scrip stood at Rs. 983.60 and Rs. 650.10 respectively. The current market cap of the company is Rs. 68572.00 crore.
The promoters holding in the company stood at 67.40%, while Institutions and Non-Institutions held 16.29% and 16.31% respectively.
Indian Railway Catering And Tourism Corporation (IRCTC) has reported results for second quarter ended September 30, 2021.
The company has reported around 5-fold jump in its net profit after tax from continuous operations at Rs 158.57 crore for the quarter under review as compared to Rs 32.63 crore for the same quarter in the previous year. Total income of the company increased by around 4-fold at Rs 421.06 crore for Q2FY22 as compared Rs 108.73 crore for the corresponding quarter previous year.
IRCTC is the only entity authorised by the Indian railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India.
