IRCTC Q3 Preview: Profit likely to rise 19%; revenue may increase 18%

Zee Business research estimates IRCTC to report a 19 per cent rise in consolidated profit after tax (PAT) and 17.6 per cent jump in revenue from operations as Indian Railway Catering and Tourism Corporation reports its December quarter results on Tuesday (February 13, 2024). The research team estimates the company to report Rs 305 crore profit in the quarter under review, which will be a 19 per cent jump from Rs 255.50 crore on a year-on-year (YoY) basis. Street is expecting IRCTC's revenue from operations to go up by 17.60 per cent to Rs 1080 crore in the December quarter from Rs 918 crore in the same quarter last fiscal year.