IRCTC Shares Gain Attention After Q1 Profit Growth

Indian Railway Catering and Tourism Corporation (IRCTC) shares drew market interest following a 7% year-on-year increase in consolidated net profit for Q1 FY26. The state-owned enterprise reported ₹330.70 crore in net earnings, up from ₹307.72 crore in the prior-year period, while revenue edged 3.7% higher to ₹1159.68 crore.

Internet ticketing revenue showed particular strength, climbing 9% to ₹359 crore, though Rail Neer revenue remained stagnant at ₹110.49 crore. Separately, IRCTC's board approved winding-up proceedings for Royale Indian Rail Tours Limited, a joint venture with Cox & Kings Limited.

The stock opened at ₹733.50 on the NSE before settling near-flat at ₹725.80 in morning trade. Market participants appear to be weighing the modest earnings growth against broader macroeconomic conditions and the company's ongoing legal maneuvers.