New Delhi, Feb. 12 -- Indian Railway Catering and Tourism Corporation (IRCTC) share price fell over 2% to hit a 52-week low in early trade on Wednesday after the company reported its Q3 results. The PSU railway stock, IRCTC shares declined as much as 2.69% to touch a fresh 52-week low of Rs.731.00 apiece on the BSE.
IRCTC reported a net profit of Rs.341 crore in the third quarter of FY25, registering a growth of 13.7% from Rs.300 crore in the same quarter last year. The company's revenue in Q3FY25 increased 10% to Rs.1,224.7 crore from Rs.1,115.5 crore, year-on-year (YoY).
At the operational level, EBITDA in the quarter ended December 2024 rose by 5.7% to Rs.417 crore from Rs.394 crore, while the EBITDA margin contracted to 34% from 35....
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