VERIFIEDMint Markets·27 May 2026negative

Navratna PSU IRCTC share price falls 3% after first profit decline in 10 quarters; declares ₹0.5 dividend

AI Summary

·IRCTC reported a net profit of ₹327 crore in Q4 2026, a decrease of nearly 9% year-on-year.
·Revenue increased by 15% to ₹1,460 crore, while expenses saw a 19% surge.
·The company declared a dividend of ₹0.50 per share following its first profit decline in ten quarters.