Mumbai: State-run Indian Railway Catering & Tourism Corporation (IRCTC) on Friday reported a 79.3 per cent jump in its March quarter net profit from a year ago. The company reported a net profit of Rs 150.6 crore, compared with Rs 84 crore a year ago. However, its net profit in the quarter ended March, dropped 26.9 per cent sequentially from the quarter ended in December 2019, when it reported a net profit of Rs 205.80 crore, likely hurt by the coronavirus-induced nationwide lockdown which was imposed in late March. The company’s revenue from operations came in at Rs 586.89 crore, up 17.9 per cent from Rs 497.74 crore a year ago. Sequentially, revenues from operations dropped 18 per cent from Rs 715.98 in the quarter ended December 2019. IRCTC also announced a final dividend of Rs 2.50 per share. Ahead of the announcement, IRCTC shares closed 1.14 per cent higher at Rs 1,401.15 on the BSE, while benchmark Sensex dropped 0.39 per cent to close at 36,594.33 points.
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IRCTC Q4 results: Net profit jumps 79% to Rs 150.6 crore; announces dividend of Rs 2.50 per share have 194 words, post on economictimes.indiatimes.com at July 10, 2020. This is cached page on Vietnam Dance. If you want remove this page, please contact us.