IRCTC Dividend Record Date Fixed for Nov 21 — Here’s What Investors Should Know About the Board Meet
Indian Railway Catering and Tourism Corporation (IRCTC) has fixed November 21, 2025, as the record date for its potential interim dividend. The railway PSU’s board will meet on November 12 to approve Q2 FY2025-26 results and consider the IRCTC Dividend record date announcement, drawing investor attention across Dalal Street.

What Has Been Announced for IRCTC Dividend and Q2 FY2025-26 Results?
Indian Railway Catering and Tourism Corporation (IRCTC), the Navratna PSU under the Ministry of Railways, has officially announced its Q2 FY2025-26 board meeting date, which is expected to bring key financial updates and possibly another dividend declaration.
In its latest stock exchange filing dated October 29, 2025, IRCTC confirmed that its Board of Directors will meet on November 12, 2025, to review and approve the unaudited financial results for the quarter ended September 30, 2025.
Importantly, the filing also stated that the board will consider declaring an interim dividend for shareholders. If approved, this would be IRCTC’s third dividend payout in 2025, underscoring the company’s strong cash position and consistent profit distribution policy.
“The company has fixed Friday, November 21, 2025, as the Record Date for determining shareholder eligibility for payment of the said interim dividend, if declared by the Board,” IRCTC noted in its regulatory filing.
When Is the IRCTC Dividend Record Date and Why Does It Matter?
IRCTC has fixed November 21, 2025, as the record date for its interim dividend, meaning shareholders holding IRCTC shares before this date will be eligible to receive the dividend payout.
In simple terms — if you buy IRCTC shares on or before November 20, 2025, you’ll qualify for this potential dividend. The ex-dividend date is likely to be one trading day prior to the record date, i.e., November 20, when the stock starts trading without dividend entitlement.
| Particulars | Details |
|---|---|
| Board Meeting Date | November 12, 2025 |
| Purpose | Q2 FY2025-26 Results & Interim Dividend Consideration |
| Record Date | November 21, 2025 |
| Financial Year | FY2025-26 |
| Company Type | Navratna PSU under Ministry of Railways |
| Last Dividend | ₹1/share (August 2025) |
For retail investors, the record date is crucial because it determines eligibility for dividend income, which can be a steady source of passive earnings — especially from high-quality PSUs like IRCTC.
How Has IRCTC Dividend History Been Over the Years?
IRCTC has maintained a robust track record of rewarding its shareholders. The company’s consistent dividend payouts reflect its strong profitability, zero-debt balance sheet, and cash-rich business model supported by railway ticketing, catering, and tourism operations.
| Year | IRCTC Dividend Declared | Frequency | Remarks |
|---|---|---|---|
| 2025 | ₹3 (Feb), ₹1 (Aug) | 2 times | Likely 3rd interim in Nov |
| 2024 | ₹4 (Aug), ₹4 (Nov) | 2 times | Strong FY performance |
| 2023 | ₹8 (Aug) | 1 time | Post-COVID travel rebound |
| 2022 | ₹3.50 (Nov) | 1 time | Regular interim payout |
With rising domestic travel demand and digital ticketing growth, analysts expect IRCTC’s FY2025-26 performance to remain stable, supporting its dividend consistency.
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How Did IRCTC Stock React to the Dividend News?
On October 29, 2025, following the board meeting announcement, IRCTC share price traded higher by 1.23% at ₹730.65 on the NSE around 3.30 PM, indicating positive sentiment among retail and institutional investors.
The mild uptrend reflects investor optimism about a possible interim dividend and stable quarterly earnings. IRCTC’s valuation remains supported by recurring income from ticketing commissions and catering contracts, despite moderate growth in tourism verticals.
Market experts believe IRCTC dividend yield and PSU stability make it an attractive bet for long-term income investors, particularly those seeking steady returns amid market volatility.
What to Expect from IRCTC Q2 FY2025-26 Results?
The upcoming Q2 results on November 12, 2025, will be crucial to gauge IRCTC’s growth trajectory amid fluctuating passenger demand and evolving catering partnerships.
Key metrics to watch include:
- Revenue from operations (expected steady QoQ)
- Net profit margin (historically above 20%)
- Tourism division recovery post festive season
- Digital ticketing volume driven by Indian Railways travel demand
A healthy profit trend could pave the way for another interim dividend announcement, maintaining IRCTC’s reputation as one of Dalal Street’s most reliable PSU dividend payers.
Takeaway: What Should Investors Do Before the Record Date?
With IRCTC’s board meeting on November 12 and record date on November 21, investors should track announcements closely on the BSE and NSE portals.
If the interim dividend is declared, it will mark the company’s third payout in 2025, reinforcing its shareholder-friendly approach.
Long-term investors may view this as a signal of financial stability and consistent profitability, while short-term traders might witness minor price movements around the ex-dividend date.
Investor Insight: PSU dividend stocks like IRCTC remain reliable picks for income-seeking investors, particularly in a high-interest-rate environment where consistent cash returns add portfolio stability.
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Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.



