Financial Institutions company Indian Railway Finance Corporation announced 9MFY25 & Q3FY25 results Reported PAT at Rs 4,820.13 crore vis-a-vis Rs 4,694.78 crore reported in corresponding period in the previous year. The company posted profit growth of 1.98% for Q3FY25 at Rs 1,630.66 crore vis-a-vis Rs 1,598.93 crore reported in Q3FY24. The total income for 9MFY25 grew by 1.26% and stands at Rs 20,432.61 crore as against Rs 20,177.94 crore reported in 9MFY24. The company reported total income of Rs 6,766.39 for Q3FY25 as against Rs 6,740.02 crore reported in Q3FY24. Net worth at the end of 9MFY25, stands at Rs 52,046.26 crore up by 9.70%, as against Rs 47,443.29 crore reported in 9MFY24. The Assets Under Management (AUM) to end of 9MFY25, stands at Rs.4,61,251.34 crore. Earning Per Share of the company is at Rs 3.69 for the 9MFY25. Manoj Kumar Dubey, Chairman & Managing Director, IRFC, said: “IRFC is also making all efforts to diversify its lending portfolio as per current mandate into sectors with backward and forward linkage with Indian Railways. As per the above mandate, the company has participated and emerged as the L1 bidder in the bid for financing of Rs 3,167 crore for the development of the Banhardih Coal Block in Latehar District, Jharkhand. This project is being undertaken by Patratu Vidyut Utpadan Nigam Limited (PVUNL), a joint venture between NTPC Limited (74% equity stake) and Jharkhand Bijli Vitran Nigam Limited (26% equity stake). Further, IRFC board had approved financing of 20 BOBR rakes procured under General Purpose Wagon Investment Scheme (GPWIS) of Indian Railways to NTPC for up to Rs 700 crore on finance lease basis in October 2024 and signed a lease agreement with NTPC Ltd in January 2025 for 8 BOBR rakes amounting to Rs 250 crore approximately in the first phase. We are actively working towards garnering cheaper source of funding through Zero-coupon bonds and capturing more of capital gain tax exemption bonds (i.e., 54EC bonds) and deploying these resources towards Railway Infra-eco-system at the most competitive rates.” Result PDF
Financial Institutions company Indian Railway Finance Corporation announced H1FY25 & Q2FY25 results During the period ending 30th September 2024, Company reported PAT at Rs 3,189.47 crore vis-a-vis Rs 3,095.86 crore reported in corresponding period in the previous year. The company posted profit growth of 4.41% for Q2FY25 at Rs 1,612.65 crore vis-a-vis Rs 1,544.58 crore reported in Q2FY24. The total income for H1FY25 grew by 1.70% and stands at Rs 13,666.22 crore as against Rs 13,437.91 crore reported in H1FY24. The total income for Q2FY25 also grew by 2.04% and stands at Rs 6,900.20 crore as against Rs 6,762.18 crore reported in Q2FY24. Net worth at the end of H1FY25, stands at Rs 51,464.12 crore up by 9.77%, as against Rs 46,883.22 crore reported in H1FY24. The Assets Under Management (AUM) to end of H1FY25, stands at Rs.4,62,282.62 crore. The Earning Per Share of the company is at Rs 2.44 for the H1FY25. Manoj Kumar Dubey, Chairman & Managing Director, IRFC, stated that IRFC will not only strengthen the financial ecosystem for Railway Infrastructure projects but is also making all efforts to diversify its lending portfolio as per current mandate into sectors with backward and forward linkage with Indian Railways. Further, IRFC has Sanctioned Rs 700 crore funding under finance lease model to NTPC Limited (National Thermal Power Corporation) for 20 BOBR Rakes under the General-Purpose Wagon Investment Scheme (GPWIS) of the Ministry of Railways. Company is consistently paying dividends and has declared Rs 0.80 /share (8%) as Interim dividend for FY 24-25. Result PDF