Indian Railway Catering And Tourism Corporation Limited — Others, 28-05-2025: Amendment to AOA/MOA

IRCTC has announced a board meeting where it approved the financial results for the quarter and year ended March 31, 2025, reporting a consolidated net profit of ₹1,314.90 Cr and standalone net profit of ₹1,314.66 Cr. Exceptional income of ₹47.88 Cr arose from reversals and one-time reconciliations. The Board approved changes to the Articles of Association after its Navratna status upgrade and plans to appoint M/s Balika Sharma & Associates as Secretarial Auditor for five years, subject to shareholder approval. A final dividend of ₹1 per share has been proposed, adding to interim dividends for a total of ₹8 per share. IRCTC is dealing with arbitration and regulatory issues, including a disputed ₹74.71 Cr arbitration award and a ₹50.41 Cr GST profiteering notice. Trade receivables include ₹1,672 Cr from Railways and government, with ₹120 Cr overdue beyond three years. The financials received a clean audit opinion.