Financial Institutions company Indian Railway Finance Corporation announced Q4FY26 & FY26 results Financial Highlights: Revenue from Operations: Q4FY26: Stood at Rs 7,335.75 crore, recording a QoQ increase of 10.13% compared to Rs 6,661.13 crore in Q3FY26, and a YoY growth of 9.12% against Rs 6,722.83 crore in Q4FY25. FY26: Reported at Rs 27,284.15 crore, marking a marginal YoY growth of 0.49% compared to Rs 27,152.14 crore in FY25. Total Income: Q4FY26: Reached Rs 7,328.68 crore, reflecting a QoQ increase of 9.07% from Rs 6,719.23 crore in Q3FY26, and an 8.99% YoY growth from Rs 6,723.80 crore in Q4FY25. FY26: Stood at Rs 27,338.06 crore, a YoY increase of 0.67% against Rs 27,156.41 crore in FY25. Net Profit After Tax (PAT): Q4FY26: Recorded at Rs 1,684.31 crore, showing a QoQ decline of 6.54% from Rs 1,802.19 crore in Q3FY26, but a slight YoY increase of 0.15% from Rs 1,681.87 crore in Q4FY25. FY26: Reached its highest-ever level of Rs 7,009.17 crore, demonstrating a healthy YoY growth of 7.80% compared to Rs 6,502.00 crore in FY25. Total Comprehensive Income: Q4FY26: Stood at Rs 1,494.63 crore, registering a QoQ drop of 17.14% from Rs 1,803.75 crore in Q3FY26, and a YoY decline of 10.34% from Rs 1,666.99 crore in Q4FY25. FY26: Reached Rs 6,824.46 crore, marking a YoY growth of 5.21% compared to Rs 6,486.33 crore in FY25. Net Worth: Rose to an all-time high of Rs 56,748.76 crore as of 31st March 2026, compared to Rs 52,667.77 crore as of 31st March 2025. Earnings Per Share (EPS): Basic and Diluted EPS for Q4FY26 stood at Rs 1.29, flat compared to Rs 1.29 in Q4FY25 and down from Rs 1.38 in Q3FY26. Annual EPS for FY26 improved to Rs 5.36 from Rs 4.98 in FY25. Business & Operational Highlights: Segment-wise Performance: The Company's main business is to provide leasing and financing to the Railway Sector in India. Therefore, there are no separate reportable business segments within the meaning of the Indian Accounting Standard (Ind AS 108). Asset Quality & Margins: IRFC maintained its pristine zero NPA (Non-Performing Assets) status. The Net Interest Margin (NIM) improved to 1.50%, growing by 6% in comparison to the previous year, driven by higher-yielding assets contributing to enhanced spreads. Record Assets Under Management (AUM): AUM hit a record high, expanding to approximately Rs 4.85 lakh crore. The Company’s total assets crossed the landmark milestone of Rs 5 lakh crore for the first time, standing at Rs 5,16,676.48 crore in the balance sheet. Project Sanctions & Disbursements: During FY26, IRFC sanctioned projects worth Rs 72,949 crore and disbursed approximately Rs 35,067 crore, exceeding its annual guidance and demonstrating a rapid scale-up of its diversified lending portfolio. Competitive Financing: The Company actively participated in competitive and bilateral financing opportunities, securing bids worth around Rs 56,251 crore. Key Strategic Transactions: Refinanced Dedicated Freight Corridor Corporation of India Limited's (DFCCIL) World Bank exposure through a Rs 9,821 crore long-term rupee facility, resulting in savings of approximately Rs 2,700 crore. Executed a Rs 12,842 crore refinancing deal for Hindustan Urvarak & Rasayan Limited (HURL), marking its successful entry into large-ticket refinancing within the fertilizer sector. Global Market Presence: IRFC further strengthened its presence in global markets through successful external commercial borrowing (ECB) transactions, which witnessed strong investor participation and enabled the optimization of borrowing costs. Manoj Kumar Dubey, Chairman & Managing Director, IRFC, said: "FY26 has been a defining year for lRFC. We have successfully built a diversified infrastructure financjng platform while remaining firmly aligned to our core mandate of supporting infrastructure within the railway ecosystem. Our diversification strategy is now translating into stronger spreads, improved margins and enhanced Shareholder value. IRFC has demonstrated its ability to compete effectively in the broader infrastructure financing market while maintaining financial prudence and its long-standing record of zero NPAs. As a Navratna CPSE, lRFC has been entrusted with a larger responsibility in supporting nation-building infrastructure, and we are wellpositioned to play a bigger strategic role in lndia's infrastructure growth story." "The audited financial results for the quarter and year ended March 31, 2026 reflect a structural shift in IRFC's business model, from a traditional railway financier to a diversified infrastructure financing institution keeping Railways at its Centre." Result PDF