Signal Desk · Markets

IRCTC Q2 profit falls 22.9% as Rail Neer and catering weaken

2026-11-12 · 1 source · CNBC TV18 Market

In short

IRCTC said its consolidated net profit fell 22.9% year on year to ₹263.6 crore in the September quarter of FY27. Revenue from operations rose 16.3% to ₹1,333.1 crore, while EBITDA was up 1% to ₹408 crore.

The company’s profit margin slipped to 30.6% from 35.2%, showing that costs and weaker business lines hurt earnings.

What the reporting says

IRCTC reported a 22.9% year-on-year decline in consolidated net profit to ₹263.6 crore for the September quarter of FY27, even as revenue from operations rose 16.3% to ₹1,333.1 crore. EBITDA increased just 1% to ₹408 crore, while the EBITDA margin fell to 30.6% from 35.2%. The results show stronger revenue but weaker profitability for the quarter.

Why it matters

IRCTC reported a 22.9% year-on-year fall in consolidated net profit to ₹263.6 crore for the September quarter of FY27, while revenue from operations rose 16.3% to ₹1,333.1 crore. EBITDA rose only 1% to ₹408 crore and margin narrowed to 30.6% from 35.2%. The numbers indicate sales growth but a clear squeeze on profitability.

Touches: IRCTC, Companies, Markets

Sources