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IRCTC Q3 Profit Jumps 15.5% to Rs 395 Cr, Declares 175% Dividend

Indian Railway Catering and Tourism Corporation (IRCTC) reported a 15.51% year-on-year increase in consolidated net profit for Q3 FY26, reaching Rs 395 crore. The company's revenue from operations also grew strongly by 18% to Rs 1,449 crore, driven by performance across its core business segments. Alongside the results, the board declared a second interim dividend of Rs 3.50 per equity share, translating to a 175% payout for the financial year. Despite the positive earnings, IRCTC shares have declined over 18% in the past year and closed 1.01% lower on the day of the announcement.

Key Points: IRCTC Q3 Net Profit Rises 15.5%, Declares Dividend

  • 15.5% rise in Q3 net profit
  • 18% growth in quarterly revenue
  • Second interim dividend of Rs 3.50 per share declared
  • Expenses increased by 21% during the quarter
  • Stock down over 18% in last one year
2 min read

IRCTC's Q3 net profit rises 15.5 pc to Rs 395 crore

IRCTC reports 15.5% rise in Q3 net profit to Rs 395 crore, declares a 175% interim dividend. Revenue grows 18% to Rs 1,449 crore.

"The company's net profit increased to Rs 395 crore in the third quarter, compared with Rs 342 crore - IRCTC Exchange Filing"

Mumbai, Feb 12

Indian Railway Catering and Tourism Corporation, a Navratna public sector company, on Thursday reported a 15.51 per cent year-on-year rise in consolidated net profit for the October-December quarter of the financial year 2025-26.

The company's net profit increased to Rs 395 crore in the third quarter, compared with Rs 342 crore in the same period last financial year, as per its stock exchange filing.

IRCTC's revenue from core operations also showed strong growth. It rose 18 per cent to Rs 1,449 crore during the quarter, compared to Rs 1,224.65 crore in the corresponding period a year ago.

The increase in revenue was mainly driven by better performance across its key business segments, including catering services, internet ticketing, Rail Neer packaged drinking water, and tourism.

However, the company's expenses also went up during the quarter. Total expenses for the October-December period increased by 21 per cent to Rs 1,001 crore, compared with Rs 824 crore in the same quarter last financial year.

Along with the quarterly results, IRCTC's board of directors announced a second interim dividend for the current financial year.

The company declared a dividend of Rs 3.50 per equity share of face value Rs 2 each, which translates to 175 per cent for FY 2025-26.

Eligible shareholders will receive Rs 3.50 for every IRCTC share they hold.

According to the exchange filing, IRCTC has fixed Friday, February 20, 2026, as the record date to determine eligible shareholders for the dividend. Earlier in the current financial year, the company had paid one dividend in August 2025 and another interim dividend in November 2025.

On the stock market front, IRCTC shares closed 1.01 percent lower at Rs 622 on Thursday, compared to the previous closing price of Rs 628.35 on the NSE. The company announced its third-quarter results after market hours on Thursday.

In terms of long-term performance, IRCTC shares have delivered over 79 per cent returns to investors in the last five years. However, the stock has declined by more than 3 per cent over the past three years and has fallen over 18 per cent in the last one year. So far in 2026, the stock is down 9.28 per cent on a year-to-date basis, though it has remained nearly flat over the last five trading sessions.

- IANS

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Reader Comments

P
Priya S
Profit is up 15%, but expenses are up 21%? That's a bit concerning. They need to control costs better. The Rail Neer and catering services are good, but the real test is during peak travel seasons. Hope the service quality improves with the profits.
A
Aman W
As a frequent train traveler, I appreciate IRCTC. The app has gotten much better. Good to know the company is financially healthy. Maybe now they can reduce the service charges on tickets? A little relief for the common man would be great.
S
Sarah B
Interesting results. The stock performance over 5 years is impressive, but the recent decline is notable. The dividend announcement might provide some support. From an investment perspective, the key is whether this growth is sustainable.
V
Vikram M
Bahut badhiya! Profit up, dividend declared. This is a true Navratna company. But I agree with others - please use some funds to upgrade server capacity. Last Diwali, the site was so slow for booking tickets to my hometown.
K
Karthik V
Solid numbers. The tourism segment has huge potential post-pandemic. If they can partner with more state tourism boards and offer integrated packages, revenue can grow even more. Focus on experience, not just ticketing.

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