IRCTC Q4 results preview: Indian Railway Catering and Tourism Corporation (IRCTC) — the only firm authorised by the Indian Railways to offer online railway ticket booking services in the country and manage food services on trains — is all set to report its financial results for the quarter ended March 2023 on Monday, May 29. Analysts expect a strong performance in the company's catering unit. 

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According to Zee Business research, IRCTC is likely to report a consolidated net profit of Rs 258.6 crore for the three-month period, which translates to an increase of 20.9 per cent compared with the corresponding period a year ago. The analysts estimate the company's quarterly revenue at Rs 942 crore, growth of 36.3 per cent on a year-on-year basis.

IRCTC is expected to report Rs 336.5 crore in earnings before interest, taxes, depreciation and ammortisation (EBITDA), an increase 20.8 per cent compared with the year-ago period. 

According to the research, the company's margin — a key measure of profitability for a business — is pegged at 35.72 per cent as against 40.31 per cent a year ago. 

IRCTC shares: Past performance

IRCTC shares finished the March quarter with a loss of 10.5 per cent, worse than a 4.1 per cent decline in the headline Nifty index.  

Will IRCTC also announce a dividend on May 29?

IRCTC dividend history

Indian Railway Catering and Tourism Corporation has announced six dividends since a secondary market debut in October 2019. 

Dividend announcement date Dividend type Dividend amount (in rupees per share) Dividend ex-date
February 9, 2023 Interim 3.5 February 22, 2023
May 30, 2022 Final 1.5 August 18, 2022
February 8, 2022 Interim 2 February 17, 2022
June 29, 2021 Final 5 September 21, 2021
July 10, 2020 Final 2.5 October 19, 2020
February 12, 2020 Interim 10 February 24, 2020

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