The Indian Railway Catering and Tourism Corporation (IRCTC) announced on Tuesday a final dividend of ₹4 per share for the financial year 2023-24. Each share has a face value of ₹2.
This final dividend represents 200% of the paid-up share capital and will be given to shareholders once approved at the upcoming Annual General Meeting (AGM).
“IRCTC has recommended a final dividend of ₹4 per share, which is 200% of the paid-up share capital, subject to shareholders’ approval at the forthcoming AGM,” the company stated in an exchange filing.
This final dividend is in addition to the interim dividend of ₹2.50 per share (125% of the paid-up share capital) declared by the Board of Directors in November 2023.
IRCTC Q4 Results
IRCTC reported a consolidated profit after tax (PAT) of ₹284 crore for the fourth quarter, marking a 1.8% increase from the ₹278 crore reported in the same period last year.
The company’s consolidated revenue from operations for the quarter was ₹1,155 crore, up 19.7% from ₹965 crore in the same period last year.
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