Did IRCTC's Q3 net profit surge by 15.5% to Rs 395 crore?
Synopsis
IRCTC has reported a significant growth in its consolidated net profit for Q3 FY26, showcasing a robust performance in its core operations. This article delves into the financial highlights, dividend declarations, and stock performance, providing a comprehensive overview of IRCTC's recent achievements and challenges in the financial landscape.
Key Takeaways
IRCTC’s net profit rose by 15.51% in Q3 FY26.
Revenue from core operations surged by 18%.
Total expenses increased by 21% during the same period.
Dividend of Rs 3.50 declared for eligible shareholders.
IRCTC shares have shown strong long-term performance.
Mumbai, Feb 12 (NationPress) The Indian Railway Catering and Tourism Corporation (IRCTC), recognized as a Navratna public sector enterprise, announced a remarkable 15.51% increase in its consolidated net profit for the October–December quarter of the financial year 2025–26 (Q3 FY26) on Thursday.
The company's net profit reached Rs 395 crore in the third quarter, a significant rise from Rs 342 crore recorded during the same period last year, as indicated in its stock exchange filing.
Moreover, IRCTC’s revenue from core operations exhibited impressive growth, climbing 18% to Rs 1,449 crore in this quarter, compared to Rs 1,224.65 crore during the equivalent timeframe a year prior.
This revenue growth was primarily fueled by enhanced performance across its pivotal business sectors, including catering services, online ticketing, Rail Neer packaged drinking water, and tourism.
However, the company's expenses also saw an uptick during the quarter. Total expenses for the October-December period rose by 21% to Rs 1,001 crore, compared to Rs 824 crore during the same quarter last fiscal year.
In conjunction with the quarterly financial results, IRCTC's board declared a second interim dividend for the ongoing financial year.
The company announced a dividend of Rs 3.50 per equity share of face value Rs 2 each, equating to 175% for FY 2025–26.
Eligible shareholders will receive Rs 3.50 for each IRCTC share they own.
As per the exchange filing, IRCTC has designated Friday, February 20, 2026, as the record date to ascertain eligible shareholders for the dividend. Earlier in this financial year, the company had issued one dividend in August 2025 and another interim dividend in November 2025.
On the stock market front, IRCTC shares closed 1.01% lower at Rs 622 on Thursday, down from the previous closing price of Rs 628.35 on the NSE. The company released its third-quarter results after market hours on Thursday.
Regarding long-term performance, IRCTC shares have provided investors with over 79% returns in the last five years. However, the stock has seen a decline of more than 3% over the past three years and has dropped over 18% in the last year. To date in 2026, the stock has decreased by 9.28%, although it has remained relatively stable over the last five trading sessions.
Point of View
It is vital to acknowledge IRCTC's remarkable growth in net profit during Q3 FY26. This surge reflects the effectiveness of its business strategies and operational improvements. While the increase in expenses raises concerns, the company's commitment to rewarding shareholders through dividends signifies robustness in its financial health. Our approach remains rooted in delivering truthful and comprehensive news.
NationPress
20 Jun 2026
Frequently Asked Questions
What was IRCTC's net profit for Q3 FY26?
IRCTC's net profit for Q3 FY26 was Rs 395 crore.
How much did IRCTC's revenue increase by?
IRCTC's revenue from core operations increased by 18% to Rs 1,449 crore.
What is the dividend declared by IRCTC?
IRCTC declared a dividend of Rs 3.50 per equity share.
When is the record date for the dividend?
The record date for the dividend is February 20, 2026.
How have IRCTC shares performed over the past five years?
IRCTC shares have delivered over 79% returns to investors in the last five years.
