IRCTC shares recover from lows after Q2 net profit rises 386%

For the quarter ended September 2021, Indian Railway Catering & Tourism Corporation’s net profit from continuing operations surged to ₹158.5 crore, up 386% from ₹32.6 crore in the same quarter last year. IRCTC share price recovered from early lows, with the stock trading over 1% higher apiece on the BSE.

Its revenue from operations for the second quarter surged to ₹405 crore as compared to ₹88.5 crore year-on-year (YoY).

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