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

Indian Railway Finance Corporation Limited has released its financial results for the quarter and half-year ending December 31, 2024. The reported secured debt securities stand at ₹1,02,197.91 Cr, with a total estimated asset coverage of ₹4,81,435.28 Cr, resulting in a security cover ratio of 2.03. The firm is in compliance with all covenants as per the Debenture Trust Deed. This positive outlook reflects the company's strong asset base, likely enhancing investor confidence in its debt securities while indicating an opportunity for sustained financial stability amid growth in operations.