News > IRCTC Q1 FY25: Profit and revenue rise but miss estimates, 33% net profit increase
IRCTC Q1 FY25: Profit and revenue rise but miss estimates, 33% net profit increase
13/08/2024 04:54 PM | Click to read full article
Indian Railway Catering and Tourism Corp.'s reported 33% rise in consolidated net profit to Rs 308 crore in the April-June quarter, compared to Rs 232 crore in the same period last year, according to an exchange filing. Analysts' estimates compiled by Bloomberg had projected the figure at Rs 308 crore. Shares of IRCTC closed 0.56% lower at Rs 919.25 apiece, as compared to a 0.87% decline in the benchmark NSE Nifty 50.