IRCTC catches speed on reporting 17% rise in Q3 net profit
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Indian Railway Catering And Tourism Corporation is currently trading at Rs. 925.00, up by 14.20 points or 1.56% from its previous closing of Rs. 910.80 on the BSE.
The scrip opened at Rs. 919.95 and has touched a high and low of Rs. 929.85 and Rs. 898.45 respectively. So far 323414 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1049.75 on 23-Jan-2024 and a 52 week low of Rs. 557.15 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 959.20 and Rs. 876.75 respectively. The current market cap of the company is Rs. 74160.00 crore.
The promoters holding in the company stood at 62.40%, while Institutions and Non-Institutions held 19.32% and 18.28% respectively.
Indian Railway Catering and Tourism Corporation (IRCTC) has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported 17.40% rise in its net profit at Rs 299.99 crore for the third quarter ended December 31, 2023 as compared to Rs 255.53 crore for the same quarter in the previous year. Total income of the company increased by 22.66% at Rs 1,163.86 crore for Q3FY24 as compared Rs 948.82 crore for corresponding quarter of the 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.
