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IRCTC Dividend 2024: Announcement likely in Q2 FY25 results – Check record date, board meeting schedule

IRCTC Dividend 2024: IRCTC, a railway PSU mini-ratna has announced the date and timing of its results release for the second quarter of the fiscal year 2024-25. Along with quarterly results the company may declare interim dividend, if any, for the financial year 2024-25. The company has also fixed record date for the dividend. The railway PSU disclosed this in an exchange report on October 17th, 2024.

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The Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) is a “Mini Ratna (Category-I)” Central Public Sector Enterprise under the Ministry of Railways, Government of India.

The IRCTC was established on September 27, 1999, as an extension of the Indian Railways to improve, professionalise, and manage catering and hospitality services at stations, trains, and other locations, as well as to promote domestic and international tourism through the development of budget hotels, special tour packages, information and commercial publicity, and global reservation systems.

The authorized capital of the company is 250 crores and paid up capital is 160 crores. It’s registered and Corporate Office is situated at New Delhi.

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IRCTC Share Price Today

IRCTC’s shares began up at Rs 871.95 on the BSE on Friday. On the BSE, the stock was trading at a day high of Rs 883.55, and an intraday low of Rs 862.45. The company shares closed at Rs 881, up by 1 percent, from the previous closing of Rs 872 on the BSE.

IRCTC Q2 Results 2025 Date and Time

In the exchange filing, IRCTC told the bourses that the company’s Board of Directors will meet on Monday, 4th November 2024 to evaluate and approve unaudited standalone and consolidated financial statements for the quarter ended September 30, 2024. Companies normally release their earnings reports after market hours, which is at 3.15 p.m.

“… it is hereby informed that 142nd meeting of the Board of Directors of the Company is scheduled to be held on Monday, 4th November 2024, inter-alia, consider and approve the un-audited financial results (Standalone and Consolidated) of the Company for the quarter and half year ended on 30th September 2024”, company said in exchange filings.

According to the applicable SEBI regulations, Trading Window is closed since Tuesday, October 1, 2024 and will remain closed up to 48 hours after the date of declaration of the said Financial Results i.e. up to Wednesday, 6th November, 2024 (both days inclusive).

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IRCTC Interim Dividend

In the exchange filing, IRCTC told the bourses that the company’s Board of Directors will meet on Monday, 4th November 2024, for the declaration of interim dividend on equity shares, if any, for the financial year 2024-25.

IRCTC Interim Dividend Record Date

The company has fixed Thursday, November 14, 2024, as the Record Date for determining eligibility of shareholders for payment of the said Interim Dividend, if declared by the Board of Directors.

IRCTC Share Price History

According to BSE data, IRCTC’s stock went down by 12.77 percent and 11.27 percent in the previous three months and six months. The stocks has gone down by 1.24 percent in the year to date. In the past 1 year, 2 years, and 5 years shares of the company gained by 25.17 percent, 20.44 percent, and 465.23 percent, respectively. IRCTC has a market capitalization of Rs 70,640 crore on the BSE 100.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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