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IRCTC’s stock

IRCTC falls more than 5% following flat Q4 earnings; Read to learn
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IRCTC falls more than 5% following flat Q4 earnings; Read to learn more

RatnavaliMay 29, 202403 mins

IRCTC shares experienced a 5.2% decline, dropping to an intraday low of Rs 1,027.15. This followed the company’s announcement of its net profit for the fourth quarter of FY24, which increased to Rs 284 crore from Rs 278.32 crore, marking a 2% year-on-year rise. The uptick in net profit was attributed to increased ticket sales….

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