Indian Railway Catering and Tourism Corporation Ltd Q1FY24 net profit slips to Rs. 232.21 crores

has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1040.9966 crores during the period ended June 30, 2023 as compared to Rs. 1004.2831 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 232.2171 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 278.7989 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.90 for the period ended June 30, 2023 as compared to Rs. 3.48 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1040.9966 crs	₹1004.2831 crs	3.66%
Net Profit	₹232.2171 crs	₹278.7989 crs	-16.71%
EPS	₹2.90	₹3.48	-16.67%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1040.9966 crores during the period ended June 30, 2023 as compared to Rs.877.0078 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.232.2171 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.245.5239 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.90 for the period ended June 30, 2023 as compared to Rs.3.07 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1040.9966 crs	₹877.0078 crs	18.70%
Net Profit	₹232.2171 crs	₹245.5239 crs	-5.42%
EPS	₹2.90	₹3.07	-5.54%

Source : Equity Bulls

Keywords

IndianRailwayCateringandTourismCorporation Q1FY24 ResultUpdate IRCTC