Indian Railway Finance Corporation announced Q4FY22 results: In FY22, the Company reported Profit After Tax (PAT) of Rs 6,090 crore vis-a-vis Rs 4,416 crore reported in the previous FY21. The Revenue from Operations for FY22 grew by 28.71% & stands at Rs 20,298.27 Crore, as against Rs 15,770.22 Crore in previous FY21. The revenue from operations for Q4FY22 grew by 16.39% to stand at Rs 5,931.12 Crore as against Rs 5,095.81 Crore reported in Q3FY22. Net worth for the FY22, stands at Rs 40,996.34 crore up by 14.15%, as against Rs 35,913.38 crore reported in the FY21. Assets Under Management (AUM) stands at Rs 4,15,237.68 crore as on 31st March 2022 registering a growth of 15.32%. The Earning Per Share (EPS) of the company is Rs 4.66 for FY 2021-22, as compared to Rs 3.66 for FY21 registering an increase of 27.32% YoY. The Board of Directors has recommended the final dividend of Rs 0.63 per equity share of Rs 10/- each for FY22. Commenting on the financial results, Shri. Amitabh Banerjee, Chairman and Managing Director, IRFC said: “IRFC has consistently exhibited a rising and strong financial performance on the back of raising funds at the most competitive rates and at the opportune time from the domestic and international markets. Despite the hardening of interest rate in the financial market, due to diversified borrowing portfolio IRFC could achieve reduction in weighted average cost of borrowing by 10 bps as compared to previous year. IRFC is committed to its contribution to India’s resolve in developing and expanding the Infrastructure Sector with a special impetus on Railway Sector. This is amply evident from the high quantum of borrowing mandate of ? 66,500 for FY 2022-23 received from MoR Government of India has encouraged private participation in rail projects and has approved participative models for rail connectivity and capacity augmentation projects. IRFC is set to expand its wings, and as per the mandate, it can finance non-Railway projects that have a backward and/or a forward linkage with the Indian Railways, which would include high-speed rails, dedicated freight corridors, station development, port development and multi-modal logistic parks.” Result PDF