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IRCTC Q2 FY27 Results 2026: Date and What to Watch

Indian Railway Catering and Tourism Corporation Limited reports results for the quarter ended 30 September 2026 on 12 November 2026.

Updated 10 Nov 23:00 IST · Source: company announcements · By Genvest, SEBI-registered Investment Adviser INA000018382

Results date
12 November 2026
Revenue, Q1 FY27
₹1,370 cr+18.1% YoY
Net profit, Q1 FY27
₹330 cr−0.2% YoY

In short: IRCTC reports Q2 FY27 results on 12 November 2026. In Q1 FY27, revenue rose 18.1% to ₹1,370 crore from a year earlier and net profit fell 0.2% to ₹330 crore. Things to watch: catering growth and margins, ticketing costs and payments and GST tribunal order.

What to watch in IRCTC's Q2 FY27 results

  • Catering growth and margins. The June quarter segment table shows catering revenue of ₹732.26 crore, up from ₹546.78 crore a year earlier. On the 13 August earnings call, Rajneesh Narain, Director (Finance) and Chief Financial Officer, said catering margins were hit by higher sales in train catering and by pilot projects such as branded catering. On 15 October, IRCTC said it had signed an agreement with the Quality Council of India for independent food-safety and hygiene audits of its train and station catering units.
  • Ticketing costs and payments. Rajneesh Narain said margins dipped slightly in the June quarter because of a revenue mix tilted towards catering, extra staff costs and higher direct costs in ticketing. At the annual general meeting (AGM) on 29 September, Rahul Himalian, who holds additional charge as Chairman and Managing Director, said the steps for final Reserve Bank of India approval of IRCTC Payments Limited as a payment aggregator were under way. The Reserve Bank had given in-principle approval on 4 August 2025.
  • GST tribunal order. On 15 October, IRCTC told the exchanges that the Goods and Services Tax Appellate Tribunal had passed a final order on 14 October in an anti-profiteering case. The tribunal directed IRCTC to deposit ₹50.41 crore with 18% interest within one month, and IRCTC said an appeal is being filed. The amount matches an anti-profiteering case over the price of Rail Neer bottled water that the auditors had flagged in the June-quarter results, when no order had yet been passed.
  • Tourism and Rail Neer plans. At the AGM, Rahul Himalian said new rakes for the Maharajas' Express and Bharat Gaurav fleets, along with a proposed Unified Tourism Portal, would give further impetus to tourism. For Rail Neer, he said the company would focus on adding capacity and setting up new bottling plants to meet growing demand across the railway network.

IRCTC Q1 FY27 results at a glance

  • Revenue from operations was ₹1,370 crore, up 18.1% from a year earlier and down 6.2% from the previous quarter.
  • Net profit was ₹330 crore, down 0.2% from a year earlier and up 1.2% from the previous quarter.
MetricQ1 FY27Q4 FY26Q1 FY26QoQYoY
Revenue (₹ crore)1,3701,4601,160−6.2%+18.1%
Net profit (₹ crore)330326331+1.2%−0.2%

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IRCTC Q2 FY27 results: questions

When will IRCTC announce Q2 FY27 results?

Indian Railway Catering and Tourism Corporation Limited reports results for the quarter ended 30 September 2026 on 12 November 2026.

What were IRCTC's results last quarter?

In Q1 FY27, revenue from operations was ₹1,370 crore (+18.1% YoY) and net profit was ₹330 crore (−0.2% YoY).

Other Q2 FY27 results

All Q2 FY27 results in one place

Sources

This page is educational research based on company results filings and AMFI data. It is not a recommendation to buy or sell any security or fund, or personalised investment advice. Investments in securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, enlistment with IAASB and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.