Indian Railway Catering And Tourism Corporation

IRCTC reported its highest-ever quarterly revenue and profit in Q3 FY26, with revenue from operations at INR 1,449 croreCurrent reported value: INR 1,449 crore. No comparable prior figure is available in the source record. (+18.2Current 18.2 crore vs previous available quarter 7.7 crore.% YoY) and PAT at INR 394 croreCurrent ₹394 crore vs previous available quarter ₹342 crore. (+15.5Current reported value: 15.5. No comparable prior figure is available in the source record.% YoY). Growth was broad-based: internet ticketing revenue rose 13.2% YoY to INR 401 crore, catering grew 19.1% to INR 661 crore driven by 40 new train additions (19 Vande Bharat), tourism surged 29% to INR 289 crore, and Rail Neer grew 6.5% to INR 98 crore. EBITDA margin stood at 32.1%Current 32.1% vs previous available quarter 35.3%., slightly compressed by mix shift toward catering and tourism. Management guided for 15% sustainable growthCurrent reported value: 15% sustainable growth. No comparable prior figure is available in the source record. and highlighted the upcoming introduction of 260 Vande Bharat train sets as a key catalyst for catering. Risks include potential labor code cost impact and execution delays in Rail Neer capacity expansion.