Earnings Alerts

IRCTC Earnings: 4Q Net Income Falls Short of Estimates, Despite Surging Revenue

  • IRCTC’s net income for Q4 is 2.84 billion rupees, missing the estimate of 3.12 billion rupees.
  • Net income increased by 1.9% compared to the previous year.
  • Revenue for the quarter stands at 11.5 billion rupees, exceeding the estimate of 11.46 billion rupees.
  • Revenue saw a growth of 19% year over year.
  • Total costs rose to 8.13 billion rupees, marking a 24% increase from the previous year.
  • A dividend of 4 rupees per share will be distributed.
  • Analyst recommendations include 4 buys, 2 holds, and 3 sells.

A look at Indian Railway Catering and Tourism Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
Resilience5
Momentum4
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Indian Railway Catering and Tourism Corporation Limited appears to have a positive long-term outlook based on the Smartkarma Smart Scores analysis. With a strong growth score of 5 and resilience score of 5, the company is positioned well for future expansion and ability to weather challenges. Additionally, a momentum score of 4 suggests the company is gaining traction in the market, indicating potential for continued upward movement. While the value score is rated at 2, suggesting some room for improvement in this area, the dividend score of 3 implies the company is providing returns to its investors. Overall, Indian Railway Catering and Tourism Corporation Limited’s scores paint a promising picture for its future prospects.

Indian Railway Catering and Tourism Corporation Limited is a company that provides rail transportation, catering, and tourism services in India. They offer a range of services including online ticket booking, meal services, holiday packages, and travel support services to passengers. The company’s focus on catering to the needs of travelers in India positions them as a key player in the transportation and tourism industry. With a solid growth and resilience score of 5 each, Indian Railway Catering and Tourism Corporation Limited is poised to continue its upward trajectory and remain competitive in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars