ALPHA TRIBE

Indian Railway Finance Corporation LimitedUpdates, 28-04-2025: Press Release

28-04-2025 | 04:20 pm

Indian Railway Finance Corporation Limited (IRFC) has reported notable financial results for FY 2024-25. The company achieved a record Profit After Tax (PAT) of ₹6,502 crore, up from ₹6,412.11 crore year-over-year. Total income also reached an all-time high of ₹27,156.41 crore, reflecting a growth of 1.88% compared to the previous fiscal year. In Q4 FY 2024-25, total income increased by 3.79% to ₹6,723.80 crore.

As of March 31, 2025, the net worth of the company rose by 7.09% to ₹52,667.77 crore, and Assets Under Management (AUM) peaked at ₹4,60,047.84 crore. Earning Per Share (EPS) stands at ₹4.98.

The Chairman & Managing Director, Manoj Kumar Dubey, emphasized IRFC's strategic shift to diversify its lending portfolio by extending financing beyond the Ministry of Railways. The company secured significant projects, including a ₹5,000 crore term loan to NTPC Renewable Energy Limited and collaborations for infrastructure projects totaling ₹50,000 crore. The outlook remains positive as IRFC aims to optimize funding sources to maintain competitive lending rates for national interest projects.

No comments yet. Be the first to comment!

All announcements from Indian Railway Finance Corporation Limited