The IRCTC board declared an interim dividend of Rs 5 per share. (Image: IRCTC/ X) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Indian Railway Catering and Tourism Corp. reported double-digit growth in profit during the second quarter of the current financial year.

Consolidated net profit rose 11% to Rs 342 crore in the July-September quarter, compared to Rs 308 crore in the corresponding period last fiscal, according to results announced on Wednesday. The company had an exceptional gain of Rs 5.8 crore in Q2.

Revenue from operations jumped nearly 8% to Rs 1,146 crore from Rs 1,064 crore.

Operational performance improved, with earnings before interest, tax, depreciation and amortisation rising 8% to Rs 404 crore.

This led to a margin expansion by 30 basis points to 3

See Full Page