IRCTC Reports Positive Financial Performance in Q2 FY25, Strong Operating Cash Flow and Increasing Profitability

Indian Railway Catering & Tourism Corporation (IRCTC), a largecap company in the travel services industry, has recently announced its financial results for the quarter ending September 2024. The company has received a ‘Hold’ call from MarketsMOJO, a leading financial analysis platform.

According to the financial report, IRCTC has shown positive performance in the second quarter of the fiscal year 2024-2025. The company’s score has improved from 4 to 6 in the last three months, indicating a growth in its financials.

One of the key factors contributing to this growth is the company’s strong operating cash flow. In the last three years, IRCTC has consistently generated high cash revenues from its business operations, with the latest annual figure standing at Rs 882.17 crore.

Another positive aspect highlighted in the financial report is the company’s earnings per share (EPS). In the last five quarters, IRCTC has recorded its highest EPS at Rs 3.85, indicating an increase in profitability and higher returns for its shareholders.

However, the report also points out a potential concern for IRCTC. The company’s non-operating income, which includes income from non-business activities, has been on the rise in the last five quarters, with the latest figure standing at Rs 59.97 crore. This may not be sustainable in the long run and could impact the company’s overall financial performance.

Overall, IRCTC has shown a positive financial performance in the second quarter of FY24-25, with strong operating cash flow and increasing profitability. However, investors should keep an eye on the company’s non-operating income in the future.