IRCTC Dividend News: Stock set to trade ex-dividend on Thursday; all you need to know

IRCTC Dividend Ex-date, IRCTC Share Price News: Indian Railway Catering and Tourism Corporation (IRCTC) shares are scheduled to trade ex-dividend on Thursday, February 20. In other words, at the opening bell, the stock of IRCTC will trade minus the value of its upcoming dividend. IRCTC is the only firm authorised by the Indian Railways to provide online railway ticketing and food services onboard trains on its network.

IRCTC Dividend News

Earlier, Indian Railway Catering and Tourism Corporation declared an interim dividend of Rs 3 per equity share for the current financial year, with a record date as well as an ex-date of February 20. 

IRCTC Q3 FY25 Results | Learn about online railway ticketing & catering service provider's earnings 

On January 29, IRCTC's dividend announcement came along with the release of its financial results. 

IRCTC registered a 13.7 per cent year-on-year increase in its consolidated net profit to Rs 341.1 crore for the quarter ended December 31. 

Its revenue climbed up nearly 10 per cent to Rs 1,224.7 crore while its earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 5.7 per cent to Rs 416.6 crore, according to a regulatory filing.

The online railway ticketing company's margin, a key measure of profitability, came in at 34 per cent for the third quarter of the current financial year, as against 35.3 per cent for the corresponding period a year ago. Read more on IRCTC earnings

IRCTC Segment-wise Q3 Revenue  

• Catering: up 9.3 per cent at Rs 555 crore
• Rail Neer packaged drinking water: up 14.3 per cent at Rs 96 crore. 
• Internet ticketing: up 5.7 per cent at Rs Rs 354 crore
• Tourism: up 16.1 per cent at Rs 224 crore

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