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IRCTC surges on reporting 79% rise in Q4 net profit

  • bitnet infotech
  • July 13, 2020
  • 8:51 am

Indian Railway Catering & Tourism Corpn. is currently trading at Rs. 1408.25, up by 7.10 points or 0.51% from its previous closing of Rs. 1401.15 on the BSE.

The scrip opened at Rs. 1442.15 and has touched a high and low of Rs. 1443.00 and Rs. 1401.05 respectively. So far 128352 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1995.00 on 25-Feb-2020 and a 52 week low of Rs. 625.00 on 14-Oct-2019.

Last one week high and low of the scrip stood at Rs. 1443.00 and Rs. 1360.50 respectively. The current market cap of the company is Rs. 22538.40 crore.

The promoters holding in the company stood at 87.40%, while Institutions and Non-Institutions held 3.95% and 8.65% respectively.

Indian Railway Catering and Tourism Corporation (IRCTC) has reported results for the fourth quarter and year ended March 31, 2020.

The company has reported 79.36% rise in its net profit from continuing operation of Rs 150.61 crore for the quarter under review as against of Rs 83.97 crore for the same quarter in the previous year. Total income of the company increased by 12.35% at Rs 606.83 crore for Q4FY20 as compared Rs 540.14 crore for the corresponding quarter previous year.

For the year ended March 31, 2020, the company has reported 71.30% rise in its net profit from continuing operation of Rs 528.57 crore as against of Rs 308.56 crore for the previous year. Total income of the company increased by 20.14% at Rs 2353.54 crore for year under review as compared to Rs 1958.94 crore for year ended March 31, 2019

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