Daijiworld Media Network - Mumbai

Mumbai, Feb 12: Indian Railway Catering and Tourism Corporation (IRCTC) on Thursday reported a 15.51 per cent year-on-year rise in consolidated net profit for the October–December quarter of FY26, driven by robust growth across its core business segments.

The Navratna public sector enterprise posted a net profit of Rs 395 crore in Q3 FY26, up from Rs 342 crore in the corresponding quarter last year, according to its stock exchange filing.

Revenue from operations rose 18 per cent to Rs 1,449 crore during the quarter, compared to Rs 1,224.65 crore a year earlier. The growth was supported by improved performance in catering services, internet ticketing, Rail Neer packaged drinking water, and tourism operations.

However, expenses also climbed during the period. Total expenditure increased 21 per cent year-on-year to Rs 1,001 crore, against Rs 824 crore in the same quarter of the previous financial year.

Alongside the earnings announcement, the company’s board declared a second interim dividend of Rs 3.50 per equity share with a face value of Rs 2 each, amounting to 175 per cent for FY26. Shareholders on record as of February 20, 2026, will be eligible to receive the dividend. Earlier this fiscal, IRCTC had announced dividends in August and November 2025.

On the markets, IRCTC shares ended 1.01 per cent lower at ?622 on the NSE, compared to the previous close of Rs 628.35. The quarterly results were announced after trading hours.

Over the long term, the stock has delivered returns of more than 79 per cent in the past five years. However, it has declined over 3 per cent in the last three years and fallen more than 18 per cent in the past year. So far in 2026, the stock is down 9.28 per cent on a year-to-date basis, though it has remained largely unchanged over the last five trading sessions.