IRCTC Dividend: Company declares second interim dividend of Rs 3/share after Q3 results

IRCTC Dividend: Indian Railway Catering and Tourism Corporation (IRCTC) has announced a second interim dividend of Rs 3 per equity share with a face value of Rs 2.50 each, following its Q3 results for FY25. The company's board has fixed February 20, 2025, as the record date for the payment of the second interim dividend.

Investors can expect the dividend payment to be made on or after February 20, 2025, subject to the company's dividend distribution policy.

IRCTC's Q3 Results

IRCTC reported a 14 per cent rise in consolidated net profit to Rs 341 crore, compared to Rs 300 crore in the same period last year. The company's revenue from operations also increased by 10 per cent to Rs 1,225 crore, driven by growth in its catering, tourism, and internet ticketing segments.

The company's EBITDA margin contracted to 34 per cent in Q3 FY25, compared to 35.3 per cent in Q3 FY24.

IRCTC Stock Update

IRCTC's shares closed at Rs 751.25 on the BSE, down nearly 3 per cent before the Q3 results were announced.