IRCTC Q4 profit slips 8.9% to Rs 326 cr even as revenue jumps 15% on margin squeeze

IRCTC posted Q4FY26 revenue of Rs 1,460 cr, up 15.1% YoY, but net profit fell 8.9% to Rs 326 cr as EBITDA margin compressed to 27.3% from 30.4%. EBITDA grew just 3.5% to Rs 399 cr, signalling cost pressure across catering and ticketing segments. A final dividend of Rs 0.50 per share was declared.

— Source publishedTue, 26 May, 2026, 21:28 IST·First seen Tue, 26 May, 2026, 22:30 IST·Source NDTV Profit

What happened

IRCTC Q4FY26 net profit fell 8.9% YoY to Rs 326 crore despite revenue rising 15.1% to Rs 1,460 crore. EBITDA margin contracted to 27.3%. Company declared a

Key facts

  • Net profit Rs 326 cr (-8.9% YoY)
  • Revenue Rs 1,460 cr (+15.1%)
  • EBITDA Rs 399 cr (+3.5%)
  • EBITDA margin 27.3% vs 30.4%
  • Dividend Rs 0.50/share
  • Share price Rs 537.20

Why this matters

Margin pressure at a monopoly franchise like IRCTC signals room for tech-led catering or ticketing partnerships that could restore operating leverage.