ResultsFinancial Express
IRCTC Q2 profit rises 23%: revenue up 16%
GreyOak summary
IRCTC reported a 23% year-on-year decline in Q2 FY27 net profit to Rs 342 crore, despite a 16% rise in revenue to Rs 1,330 crore. Catering revenue grew 26% to Rs 655 crore, while tourism income expanded 29% to Rs 192 crore. The stock remained flat at Rs 470.95 on November 12.
What it affects
- Indian Railway Catering And Tourism CorporationIRCTCNegative -100
Profit fell 23% to Rs 342 croreRolling sentiment Negative -49
Source
Read the original at Financial ExpressMore Indian Railway Catering And Tourism Corporation news
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