IRCTC posts ₹1,393 crore profit on ₹5,215 crore revenue, riding 76% EBITDA margins in ticketing

IRCTC's monopoly grip on 89% of online reserved rail tickets—13.88 lakh a day—anchors a high-margin digital gateway. Q4 convenience fees hit ₹247 crore against ₹390 crore internet ticketing revenue. Catering (₹2,399 crore), tourism (₹890 crore) and Rail Neer (₹391 crore) round out FY25-26.

— Source publishedTue, 14 Jul, 2026, 13:54 IST·First seen Tue, 14 Jul, 2026, 14:00 IST·Source YourStory

What happened

IRCTC dominates 89% of online reserved rail ticketing plus catering, tourism and Rail Neer, posting ₹5,215 crore revenue and ₹1,393 crore FY25-26 profit. Its

Key facts

  • 89% of reserved tickets
  • 13.88 lakh tickets/day
  • 50 crore tickets/year
  • ₹15 non-AC fee
  • ₹30 AC fee
  • ₹247 crore Q4 convenience fees
  • ₹390 crore internet ticketing revenue Q4
  • 76% EBITDA margin
  • catering ₹2,399 crore FY25-26
  • internet ticketing ₹1,536 crore
  • tourism ₹890 crore
  • Rail Neer ₹391 crore
  • revenue ₹5,215 crore
  • PAT ₹1,393 crore
  • ~₹350 crore profit/quarter

Why this matters

The four-legged model—ticketing, catering (₹2,399 crore), tourism (₹890 crore) and Rail Neer (₹391 crore)—signals room for adjacency deals and vertical partnerships that leverage the captive rail-travel funnel.

What to watch

  • Any Railway Ministry statement on convenience fee sharing or caps
  • Daily booking volume trend vs 13.88 lakh baseline
  • Segment mix shift: internet ticketing share of EBITDA
  • Competitive entry into online reserved ticketing (third-party apps)
  • Tourism segment YoY growth acceleration
  • Watch for capex/partnership announcements in tourism and catering to reduce ticketing-fee dependence
  • Payment aggregator/fintech monetization of the captive daily transaction base
  • Rail Neer capacity expansion and new bottling plants to defend beverage margins
  • Investor guidance framing to preempt convenience-fee regulatory narrative

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