te IRCTC Q4 results preview: PAT likely to grow by one-fifth but margin may shrink by over 450 bps | IRCTC Q4 results profit revenue EBITDA Indian Railways

IRCTC Q4 results preview: PAT likely to grow by one-fifth but margin may shrink by over 450 bps

IRCTC Q4 results preview: IRCTC, the only firm authorised by the Indian Railways to offer online railway ticket booking services in the country and manage food services on trains, is all set to report its financial results for the March quarter on May 29. IRCTC shares lost 10.5 per cent of their value in the March quarter. Will an IRCTC dividend also be announced?

IRCTC Q4 results preview: PAT likely to grow by one-fifth but margin may shrink by over 450 bps
IRCTC will report its financial results for the March quarter on May 29. | Image: Reuters

IRCTC Q4 results preview: Indian Railway Catering and Tourism Corporation (IRCTC) — the only firm authorised by the Indian Railways to offer online railway ticket booking services in the country and manage food services on trains — is all set to report its financial results for the quarter ended March 2023 on Monday, May 29. Analysts expect a strong performance in the company's catering unit. 

According to Zee Business research, IRCTC is likely to report a consolidated net profit of Rs 258.6 crore for the three-month period, which translates to an increase of 20.9 per cent compared with the corresponding period a year ago. The analysts estimate the company's quarterly revenue at Rs 942 crore, growth of 36.3 per cent on a year-on-year basis.

IRCTC is expected to report Rs 336.5 crore in earnings before interest, taxes, depreciation and ammortisation (EBITDA), an increase 20.8 per cent compared with the year-ago period. 

TRENDING NOW

According to the research, the company's margin — a key measure of profitability for a business — is pegged at 35.72 per cent as against 40.31 per cent a year ago. 

IRCTC shares: Past performance

IRCTC shares finished the March quarter with a loss of 10.5 per cent, worse than a 4.1 per cent decline in the headline Nifty index.  

Will IRCTC also announce a dividend on May 29?

IRCTC dividend history

Indian Railway Catering and Tourism Corporation has announced six dividends since a secondary market debut in October 2019. 

Dividend announcement date Dividend type Dividend amount (in rupees per share) Dividend ex-date
February 9, 2023 Interim 3.5 February 22, 2023
May 30, 2022 Final 1.5 August 18, 2022
February 8, 2022 Interim 2 February 17, 2022
June 29, 2021 Final 5 September 21, 2021
July 10, 2020 Final 2.5 October 19, 2020
February 12, 2020 Interim 10 February 24, 2020

Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.

Written By: ZeeBiz WebTeam
Updated: Mon, May 29, 2023
07:13 am
New Delhi, ZeeBiz WebDesk
RELATED NEWS
Indian Railway: IRCTC trains are running late - Check the list here Indian Railway: IRCTC trains are running late - Check the list here
Ram Temple in Ayodhya to lead infra-driven growth for tourism with over 50 million visitors a year: Jefferies Ram Temple in Ayodhya to lead infra-driven growth for tourism with over 50 million visitors a year: Jefferies
Railway stocks rally in trade; IRFC's market cap crosses Rs 2 lakh crore for first time Railway stocks rally in trade; IRFC's market cap crosses Rs 2 lakh crore for first time
Delhi Fog: IRCTC trains late due to fog in Rajasthan, Punjab and Uttar Pradesh Delhi Fog: IRCTC trains late due to fog in Rajasthan, Punjab and Uttar Pradesh
Indian Railways launches 22 trains connecting Maharashtra: Full schedule, how to book, other important details here Indian Railways launches 22 trains connecting Maharashtra: Full schedule, how to book, other important details here

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x