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Earnings · Travel & Tourism · Large cap

IRCTC reports steady annual growth as Q4 profit slips 8.8%

The state-run caterer posted a 6% rise in annual profit to ₹1,393 cr, while the board declared a final dividend of ₹0.50 per share.

1 earlier story on Indian Railway Catering And Tourism Corporation Ltd.
Mkt cap₹42,976 cr
P/E30.15×
ROE35.89%
Debt / eq.0.00
Div yld1.49%
₹139,337 lakhs Full-year net profit for FY26, marking a 6% increase.

What's new

  • Q4 revenue reached ₹145,972 lakhs, up 15% YoY.
  • Full-year revenue grew 11.5% to ₹521,486 lakhs.
  • Final dividend of ₹0.50 per share brings total FY26 payout to ₹9 per share.

Why this matters

The results are a routine affair for a large-cap PSU, showing stable growth that aligns with market expectations. The dip in Q4 profit is a minor variance in an otherwise consistent annual performance.

What we're watching

  • Updates on the previously disclosed litigation matters noted by the auditor.
  • Future dividend consistency as the company maintains its payout history.
  • Volume growth in catering and ticketing segments.

The full read

IRCTC delivered a predictable set of annual results for FY26. The company reported full-year revenue of ₹521,486 lakhs, a 11.5% increase, while net profit climbed 6% to ₹139,337 lakhs. The fourth quarter saw a revenue jump of 15% to ₹145,972 lakhs, though net profit for the period slipped 8.8% to ₹32,657 lakhs. The board maintained its dividend policy by recommending a final payout of ₹0.50 per share, resulting in a total annual dividend of ₹9 per share. The auditor's report remains clean, with only familiar litigation matters flagged. These figures contain no surprises for the market. It is a routine disclosure for a large-cap Navratna PSU, confirming that the company's financial trajectory remains steady.

Questions answered

How did IRCTC perform in the final quarter of FY26?
The company reported revenue of ₹145,972 lakhs, a 15% increase over the same period last year. Net profit for the quarter fell 8.8% to ₹32,657 lakhs.
What is the total dividend payout for the year?
The board recommended a final dividend of ₹0.50 per share. This brings the total dividend for FY26 to ₹9 per share.
Did the auditor raise any new concerns?
No. The auditor issued an unmodified opinion, noting only previously disclosed litigation matters that do not represent new material surprises.
How does the annual performance compare to the previous year?
Full-year revenue rose 11.5% to ₹521,486 lakhs, while net profit grew 6% to ₹139,337 lakhs.
Mentioned: IRCTC · FY26
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

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  1. 26 May 2026 · 8:57 PM IST IRCTC reports steady annual growth as Q4 profit slips 8.8%
  2. today IRCTC reports steady FY26 growth as Q4 profit slips