Indian Railway Catering And Tourism Corporation Limited — Investor Meet, 19-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

IRCTC reported a stable Q1 FY26 with PAT up 7.14% to ₹330 Cr and revenue up 4% to ₹1,160 Cr, driven by strong Internet Ticketing (+9.12%) and Tourism (+21.3%) growth. Catering revenue saw a slight dip (-2.15%) due to fewer election specials and temporary impacts from station upgrades, though e-catering grew over 30%. Rail Neer revenue was flat, partly due to a plant issue and 500ml Vande Bharat bottles. Management is confident, focusing on digital initiatives, Rail Neer expansion, and new Tourism circuits. A payment aggregation license is expected in 12-18 months.