IRFC Q1 Results, Revenue ₹64,731 Crore, Net Profit ₹17,173 Crore

The Indian Railway Finance Corporation (IRFC) has recently released its financial results for the first quarter of the fiscal year 2024-2025. During this period, IRFC achieved a revenue from operations of ₹64,731.16 crore, which marks a slight decrease from the previous quarter's ₹67,365.67 crore.

The company’s net profit before tax, after accounting for exceptional items, stood at ₹17,173.21 crore, consistent with the previous quarter’s results. This steady performance reflects IRFC's ongoing efforts to manage its finances effectively while supporting the extensive funding needs of Indian Railways.

In addition, the IRFC reported a total comprehensive income of ₹17,290.87 crore for Q1, which represents a modest increase compared to ₹16,055.61 crore in the last quarter. The company’s debt-equity ratio remains strong, indicating robust financial health.

Despite some fluctuations in revenue, IRFC continues to play a crucial role in financing the acquisition of rolling stock and infrastructure projects for Indian Railways, thereby contributing significantly to the development and modernization of the railway sector.

IRFC Q1 Results 2024 - 2025

For the first quarter of the fiscal year 2024-2025, IRFC's financial performance is outlined as follows:

Source: Click Here

IRFC Current Market Overview

Indian Railway Finance Corporation (IRFC) is currently trading at ₹180 per share. The company's market capitalization stands at ₹2,34,645 crore. The stock has seen a high of ₹229 and a low of ₹44.8 over its trading period. It has a Price-to-Earnings (P/E) ratio of 36.6 and a book value of ₹37.6 per share.

The dividend yield is 0.81%, while the Return on Capital Employed (ROCE) is 5.73% and the Return on Equity (ROE) is 13.6%. The face value of each share is ₹10.

Quarterly Results

Here are the quarterly results for IRFC for Sep 2023, Dec 2023, and Mar 2024 in a table format:

About IRFC

The Indian Railway Finance Corporation (IRFC) is a government-owned company that plays a crucial role in funding the Indian Railways. Established in December 1986, IRFC’s main job is to raise money from both domestic and international markets to support the financial needs of Indian Railways.

This includes buying new trains, locomotives, and building infrastructure. By leasing these assets back to Indian Railways, IRFC helps ensure that the rail network can continue to grow and improve, making it an essential part of the country's transportation system.