Navratna PSU IRCTC share price falls 3% after first profit decline in 10 quarters; declares Rs.0.5 dividend
New Delhi, May 27 -- Navratna PSU Indian Railway Catering and Tourism Corporation (IRCTC) share price declined around 3% on Wednesday, 27 May after the company posted its results for the quarter ended March 2026.
The railway company reported a net profit of Rs.327 crore for the March quarter, marking a decline of nearly 9% compared to Rs.358 crore reported in the corresponding quarter last year. On a sequential basis, profit fell more than 17%.
The March quarter marked the first decline in quarterly profit for IRCTC after 10 consecutive quarters of growth, despite the company posting double-digit revenue expansion during the period. The board of the company also declared a dividend of Rs.0.50 per share.
It fell as much as 2.7% in intra...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.