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Business Standard

IRCTC Q4 results: Net profit rises 26% to ₹358 crore, revenue up 10%

Net profit of Indian Railway Catering and Tourism Corporation Limited (IRCTC) increased by 26.1 per cent year-on-year (YoY) to ₹358 crore in the fourth quarter of financial year 2024-25. It had reported a profit of ₹284 crore in the same quarter last year. The revenue from operations rose 10 per cent YoY to ₹1,268 crore in Q4 FY25, up from ₹1,151 crore in the corresponding quarter of the previous financial year. The company has recommended a final dividend of ₹1 per equity share with a face value of ₹2 each, representing 50 per cent of the paid-up share capital, for the financial year 2024-25. Expenses rose 11 per cent YoY to ₹903 crore in Q4 FY25, compared to ₹810 crore in the same quarter last year. The company's total income increased 10 per cent YoY to ₹4,903 crore in FY25, compared to ₹4,424 crore in the previous financial year. For the current financial year 2024-25, exceptional items resulted in a net income of ₹47.89 crore. This includes ₹2.21 crore from the reversal of RU, stabling, and other charges waived by KTDC on the Golden Chariot train for the financial years 2022-23 and 2023-24, ₹39.88 crore from the one-time reconciliation of legacy balances, and ₹5.80 crore from the write-back of excess provisions made in previous years for various expenses. As of March 31, 2025, IRCTC's trade receivables include ₹672.43 crore due from railways and government bodies (compared to ₹1,296.18 crore as of March 31, 2024). Out of these dues from railways, ₹120.77 crore has been outstanding for over three years, which includes ₹35.80 crore in default.