IRCTC (Indian Railway Catering & Tourism Corporation)'s Q1 FY 2025-26 Quarterly Results

Result Summary

• IRCTC (Indian Railway Catering & Tourism Corporation) reported a 2.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.2%.
• Its expenses for the quarter were down by 4.2% QoQ and up 2.2% YoY.
• The net profit increased 16.4% QoQ and increased 7.5% YoY.
• The earnings per share (EPS) of IRCTC (Indian Railway Catering & Tourism Corporation) stood at 4.1 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Indian Railway Catering & Tourism Corporation (IRCTC) is a state-owned entity under the Ministry of Railways, Government of India. It is primarily known for providing catering services to Indian Railways, online ticketing, and packaged drinking water under the "Rail Neer" brand. IRCTC is a key player in the tourism and hospitality sector, offering various travel and tourism-related services, including luxury train tours and budget travel packages. While specific recent developments are not detailed here, IRCTC's operations are closely linked to the performance of the Indian railways and the broader travel industry. Given its integral role in railway services, any changes in government policies or infrastructure developments can significantly impact its business.

Revenue

For the first quarter of FY26, IRCTC reported a total income of ₹1220.87 crores, marking a 2.8% increase from the preceding quarter (Q4FY25) and a 4.2% increase from the same quarter in the previous fiscal year (Q1FY25). This upward trend in revenue suggests consistent growth in the company's income streams over both short and long-term periods. The incremental growth in revenue could be attributed to the company's diversified service offerings across various segments such as catering, e-ticketing, and tourism. The steady increase in total income reflects the company's ability to maintain and potentially expand its market share in the sectors it operates within.

Profitability

IRCTC's profitability, as reflected by the profit before tax (PBT), stood at ₹442.13 crores for Q1FY26. This figure represents a significant quarter-over-quarter increase of 15.7% from Q4FY25 and a year-over-year increase of 7.4% from Q1FY25. The profit after tax (PAT) also increased to ₹330.70 crores, showing a 16.4% QoQ rise and a 7.5% YoY rise. Such improvements in profitability metrics, despite relatively modest increases in total income, indicate effective cost management. The company's total expenses decreased by 4.2% QoQ while increasing by 2.2% YoY, indicating better operational efficiency during this quarter compared to the previous one.

Operating Metrics

In terms of operating metrics, IRCTC's earnings per share (EPS) for Q1FY26 rose to ₹4.10, reflecting a 17.1% increase from the previous quarter and a 5.1% increase from the same period last year. This rise in EPS aligns with the overall improvement in profitability, suggesting effective operational strategies. The tax outlay for the quarter was ₹111.43 crores, which increased by 13.9% QoQ and 7.0% YoY. The consistency in improved margins and EPS growth over both QoQ and YoY periods demonstrates the company's ability to enhance shareholder value through operational efficiencies and strategic financial management.