Indian Railway Catering & Tourism Corporation's Q2 FY 2025-26 Quarterly Results

Result Summary

• Indian Railway Catering & Tourism Corporation Ltd reported a 1.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 7.6%.
• Its expenses for the quarter were down by 2.7% QoQ and up 7.1% YoY.
• The net profit increased 3.4% QoQ and increased 11.1% YoY.
• The earnings per share (EPS) of Indian Railway Catering & Tourism Corporation Ltd stood at 4.28 during Q2 FY 2025-26.

Financial Statments for Q2 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 Ltd (IRCTC) is a public sector enterprise operating under the Ministry of Railways, Government of India. The company is primarily engaged in providing catering services, online ticketing, tourism, and hospitality services for Indian Railways. It plays a significant role in managing the online railway ticketing system through its website and mobile app, making it an essential service for millions of travelers across India. Additionally, IRCTC offers packaged drinking water under the brand name "Rail Neer" and operates a chain of budget hotels and e-catering services, further diversifying its service offerings. As a key player in the travel and tourism industry, IRCTC's developments and performance are closely tied to the dynamics of the Indian railway network and the broader travel sector. Any recent developments specific to the company were not available in the provided data.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Indian Railway Catering & Tourism Corporation Ltd reported a total income of ₹1,208.97 crores. This represents a slight decline of 1.0% compared to the previous quarter (Q1FY26), where the total income was ₹1,220.87 crores. However, on a year-over-year basis, there is a noticeable increase of 7.6% compared to the total income of ₹1,123.96 crores reported in Q2FY25. This annual growth suggests a positive trajectory in revenue generation despite the quarterly decline. The revenue performance reflects the company's ability to generate increased income over the year, potentially due to an uptick in service demand and enhanced operational capacities.

Profitability

The profitability of Indian Railway Catering & Tourism Corporation Ltd showed an upward trend in Q2FY26. The company recorded a profit before tax of ₹457.21 crores, marking a quarter-over-quarter increase of 3.4% from ₹442.13 crores in Q1FY26. On a year-over-year basis, the profit before tax rose by 9.8% from ₹416.58 crores in Q2FY25. After accounting for taxes, the profit after tax was reported at ₹342.02 crores, representing a 3.4% increase from the previous quarter's ₹330.70 crores and an 11.1% increase from ₹307.87 crores in the same quarter of the previous year. This growth indicates an improvement in the company's profitability, which is also reflected in the earnings per share (EPS), increasing to ₹4.28 from ₹4.13 in Q1FY26 and ₹3.85 in Q2FY25, showcasing a consistent rise in shareholder value.

Operating Metrics

The operating metrics for Indian Railway Catering & Tourism Corporation Ltd during Q2FY26 highlight its efficient management of expenses and tax obligations. Total expenses for the quarter amounted to ₹757.57 crores, which is a reduction of 2.7% from the ₹778.74 crores recorded in Q1FY26. This decrease in expenses contributed positively to the profit margins. Compared to the same quarter in the previous year (Q2FY25), where expenses were ₹707.38 crores, there is a 7.1% increase, indicating higher operational costs over the year. The tax expense for Q2FY26 stood at ₹115.19 crores, slightly up by 3.4% from ₹111.43 crores in Q1FY26 and 6.0% higher than the ₹108.71 crores in Q2FY25. These metrics show careful management of operational and tax-related costs, aligning with the company's profit growth and continuing its trajectory of financial efficiency.