Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday reported a consolidated net profit of ₹ 208.80 crore in the third quarter (Q3) — ended December 2021 — for the financial year 2021-22, up 167.41 per cent against ₹ 78.08 crore reported in the same period last year.
On a quarterly basis, the catering and tourism arm of Indian Railways’ profit rose 31.68 per cent in Q3 from ₹ 158.57 crore in Q2.
Revenue from operations surged 140.77 per cent to ₹ 540.21 crore in Q3 FY22 as against ₹ 224.37 crore in Q3 FY21.
Total revenue for the quarter under review stood at ₹ 556.51 crore.
Catering business revenue surged to ₹ 104.65 crore, Internet ticketing segment recorded revenue of ₹ 312.86 crore, and Rail Neer revenue rose to ₹ 49.94 crore in Q3 FY22.
IRCTC also declared an interim dividend of ₹ 2 per share on a face value of ₹ 2 each for FY22. It said the dividend will be 100 per cent of the paid-up share capital amounting to ₹ 160 crore.
The record date of the payment has been fixed on February 18.
IRCTC shares settled 0.29 per cent higher at ₹ 838.10 on the BSE index.