IRCTC posts first profit drop in 10 quarters; margin compresses to 27.3% as catering, tourism scale
Q4FY26 net profit fell 9% YoY to ₹327 cr despite revenue rising 15% to ₹1,460 cr. Catering surged 27% to ₹671 cr and tourism 11% to ₹304 cr, but EBITDA margin slid 310 bps to 27.3% as lower-margin segments outpaced ticketing. Stock dropped 3%; ₹0.50 dividend declared.
IRCTC Q4 net profit fell 9% YoY to ₹327 cr — first profit decline in 10 quarters — though revenue rose 15% to ₹1,460 cr led by catering (+27%) and tourism (+11%). Stock fell 3%; declared ₹0.50 dividend.