Indian Railway Finance Corporation Limited — Others, 12-03-2025: Security Cover Certificate

Indian Railway Finance Corporation Limited has announced a board meeting to review the financial results for the quarter and half-year ending December 31, 2024. The unaudited financial statements indicate total assets of ₹4,81,435.28 crore, with secured debts of ₹1,02,197.91 crore. The security cover ratio stands at 2.03, showcasing healthy asset backing relative to its debt obligations. This meeting aims to discuss operational strategies and financial performance, potentially enhancing investor confidence by demonstrating sound governance and management of capital structure. The positive outlook may attract further interest from retail investors.