Indian Railway Finance Corporation Limited — Others, 25-06-2025: Security Cover Certificate

Indian Railway Finance Corporation Limited has announced a security cover certificate based on its audited financials ending March 31, 2025. The company reports total secured liabilities of ₹2,25,343.09 crore against assets valued at ₹4,64,050.15 crore on a book value basis, delivering a healthy security cover ratio of 2.06. The certificate confirms full compliance with all covenants related to listed debt securities. This strong asset coverage and adherence to debt terms underline the company’s robust credit profile, providing reassurance to debt investors about the security of their holdings.