Earnings Alerts

IRCTC Earnings: Q1 Net Income Falls Short of Estimates Despite Revenue Growth

  • IRCTC’s net income for Q1 is 3.08 million rupees.
  • The net income is significantly down from 2.32 billion rupees year-on-year (y/y).
  • The net income estimate by analysts was 2.96 billion rupees.
  • Revenue for Q1 is 11.2 billion rupees, which is up 12% y/y.
  • The revenue estimate by analysts was 11.75 billion rupees.
  • Total costs for Q1 are 7.62 billion rupees, a 13% increase y/y.
  • There was a one-time gain of 22 million rupees in Q1, including some charges reversed by KTDC over the Golden Chariot train.
  • Analyst recommendations include 4 buys, 1 hold, and 4 sells.

A look at Indian Railway Catering and Tourism Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
Resilience5
Momentum2
OVERALL SMART SCORE3.4

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

Analysts utilizing Smartkarma Smart Scores have indicated a positive long-term outlook for Indian Railway Catering and Tourism Corporation Limited. With a growth score of 5 and resilience score of 5, the company is seen as having strong potential for expansion and the ability to withstand economic challenges. Additionally, a dividend score of 3 suggests a stable payout to investors, enhancing its attractiveness for those seeking income. However, with value and momentum scores of 2, there may be room for improvement in terms of the company’s valuation and stock price momentum.

Indian Railway Catering and Tourism Corporation Limited, a provider of rail transportation, catering, and tourism services in India, continues to offer online ticket booking, meal services, holiday packages, and travel support services to passengers. With a mix of positive and areas for growth based on the Smartkarma Smart Scores, investors are encouraged to carefully evaluate the company’s overall outlook before making investment decisions.


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.
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