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IRCTC shares are in focused; Ahead of the Q1 result, here is an earning preview
Finance

IRCTC shares are in focused; Ahead of the Q1 result, here is an earning preview

  • PublishedAugust 14, 2024

Net Profit Jumps 32.51% to ₹307.71 Crore, Revenue Up 11.81%

IRCTC Q1 result live update: Here is Indian Railway Catering and Tourism Corporation(IRCTC). Tuesday, August 13, toward the conclusion of market working hours, the company shares drop by 0.65%.  IRCTC’s net profit rose 32.51% to ₹307.71 crore in the June quarter results, IRCTC’s increased revenues of 11.81% in the April to June quarter of the financial year 2024–25.

IRCTC Q1 Results Live Updates: IRCTC Shares Closed 0.65% Lower at ₹918.30 

 IRCTC shares closed 0.65% lower at ₹918.30, down from ₹924.35 at the previous market close. Tuesday, near the end of market business hours, the company released its April–June quarter results. 

IRCTC Shares
IRCTC Shares

IRCTC Q1 Results Live Updates: IRCTC’s Revenues through Tourism fell 12.35% to ₹124.87 crore.

IRCTC Q1 results Live Updates: In the April to June quarter of the financial year 2024–25, IRCTC’s tourism-related revenues dropped 12.35% to ₹124.87 crore from ₹142.48 crore during the same time the previous year.

IRCTC Q1 results Live Updates: IRCTC’s Revenues from its Catering Operations rose 17.14%, the Biggest Contributor to the PSU Railway Operator’s Profits

IRCTC Q1 results in real time: The increase in net earnings for the quarter was driven by IRCTC’s catering operations, which brought in ₹558.88 crore, a 17.14% increase in sales over the same period last year.

IRCTC Q1 results in real time: Following the release of the company’s June quarter earnings, IRCTC shares saw a 0.65% decline just before market closing

IRCTC Q1 results in real time: As the business released its June quarter results close to the end of market hours on Tuesday, August 13, IRCTC shares fell 0.65% to ₹918.30 per share.

IRCTC Q1 Results Live Updates: Net Profit Rises 32.51% to ₹307.71 Crore in the June Quarter Results

IRCTC Q1 results in real time: In the April to June quarter results of the fiscal year 2024–25, net profit increased by 32.51% to ₹307.71 crore, up from ₹232.21 crore in the same quarter of the previous year. 

IRCTC Q1 Results Live Updates: IRCTC Shares Short-Term and Long-Term Trends

IRCTC Q1 results in real time: The IRCTC share has a bearish short-term trend and a somewhat bearish long-term trend, based on the technical analysis.

FAQ’s On IRCTC shares are in focused; Ahead of the Q1 result, here is an earning preview.

What is the price target of IRCTC?

IRCTC Share Price Live Updates: The analyst recommendation trend is shown below with the current rating as Sell. The median price target is ₹811.0, 11.68% lower than current market price.

Written By
himankshthamman@gmail.com

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