IRCTC shares in focus after Q4 profit jumps 26% YoY to Rs 358 crore
Shares of
Indian Railway Catering and Tourism Corporation
(IRCTC) will be in focus on Thursday after the company reported a 26% year-on-year (YoY) rise in its consolidated net profit for Q4FY25 to Rs 358 crore, compared with Rs 284 crore in the same quarter last year.
Revenue from operations for the March quarter stood at Rs 1,269 crore, up 10% from Rs 1,152 crore reported in Q4FY24.
On a sequential basis, profit after tax (PAT) rose 5% from Rs 341 crore in Q3FY25. Revenue was up 4% from Rs 1,225 crore in the October–December quarter.
For the full financial year, the net profit stood at Rs 1,315 crore versus Rs 1,111 crore reported in FY24. The FY25 revenue stood at Rs 4,675 crore versus Rs 4,26O crore in the previous financial year.
The state-run company reported expenses of Rs 903 crore versus Rs 824 crore in Q3FY25 and Rs 810 crore in the year-ago period.
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The company derives its revenues from four businesses, viz. catering, Rail Neer, internet ticketing and tourism.
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Segment revenue
Catering:
The Q4FY25 revenue stood at Rs 529 crore versus Rs 555 crore reported in Q3FY25 and Rs 531 crore reported in Q4FY24.
Rail Neer:
The Q4FY25 revenue stood at Rs 96 crore versus Rs 96 crore reported in Q3FY25 and Rs 83 crore reported in Q4FY24.
Internet Ticketing:
The Q4FY25 revenue stood at Rs 372 crore versus Rs 354 crore reported in Q3FY25 and Rs 342 crore reported in Q4FY24.
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IRCTC share price target
According to Trendlyne, the average target price for IRCTC is Rs 816, indicating an upside of nearly 5% from current levels. Of the 8 analysts tracking the stock, the consensus rating is 'Hold'.
While
IRCTC shares
have gained 16% over the past three months, they are down 28% over the past year. The company's current market capitalisation stands at Rs 62,100 crore.
(
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: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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