Latest news with #IndianRailwayFinanceCorporation
Business Standard
28-04-2025
- Business
- Business Standard
Indian Railway Finance Corporation standalone net profit declines 2.06% in the March 2025 quarter
Sales rise 3.87% to Rs 6723.90 crore Net profit of Indian Railway Finance Corporation declined 2.06% to Rs 1681.87 crore in the quarter ended March 2025 as against Rs 1717.32 crore during the previous quarter ended March 2024. Sales rose 3.87% to Rs 6723.90 crore in the quarter ended March 2025 as against Rs 6473.56 crore during the previous quarter ended March 2024. For the full year,net profit rose 1.40% to Rs 6502.00 crore in the year ended March 2025 as against Rs 6412.11 crore during the previous year ended March 2024. Sales rose 1.90% to Rs 27152.62 crore in the year ended March 2025 as against Rs 26645.36 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 6723.906473.56 4 27152.6226645.36 2 OPM % 99.3399.49 - 99.4399.52 - PBDT 1683.161719.05 -2 6507.316421.55 1 PBT 1681.871717.32 -2 6502.006412.11 1 NP 1681.871717.32 -2 6502.006412.11 1
Mint
28-04-2025
- Business
- Mint
IRFC Q4 results: Net profit falls 2% to ₹1,682 crore, revenue up 4% YoY; approves raising ₹60,000 crore for FY26
Indian Railway Finance Corporation (IRFC) on Monday reported its Q4 results along with the borrowing programme for FY26. IRFC Q4 results showed a fall in net profit of the company on a year-on-year (YoY) basis, with a modest rise in revenue. The state-run IRFC reported a net profit of ₹ 1,681.87 crore for the fourth quarter of FY25, registering a fall of 2.1% from ₹ 1,717.32 crore from the year-ago period The company's revenue from operations in Q4FY25 increased 3.8% to ₹ 6,722.83 crore from ₹ 6,474.58 crore, year-on-year (YoY). IRFC's board of directors also approved raising of resources of up to ₹ 60,000 crore for FY26 from both domestic and international market. IRFC fundraising would be through a prudent mix of Tax Free Bonds, Taxable Bonds on private placement or public issue basis, including Capital Gain Bonds, Government Guaranteed Bonds, Govt. Serviced Bonds, Zero coupon bonds, Perpetual bonds, Subordinated bonds, Market linked bonds, Environment, Social and Governance (ESG) Bonds, Separately Transferable Redeemable Principal Parts (STRPP) or any other bonds or debentures, the company said. These instruments would be issued on private placement or public issue basis. Moreover, the fundraising may also include loans from banks and other financial institutions, Institutional Financing, Securitization of future lease receivables, ECBs etc. at appropriate time, keeping in view, the market conditions and requirement of funds of the Company for meeting the funding requirement of Indian Railways, if any, new business activities, committed liabilities, refinancing of existing loans and for other general corporate purposes in one or more tranches during the financial year, it added. IRFC share price has fallen 8% in three months, and the PSU stock is down 16% on a year-to-date (YTD) basis. Over the past six months, the PSU railway stock has declined 12%, while it has fallen 20% in one year. However, over a long period, IRFC share price has generated mutlibagger returns as the stock has jumped 300% in two years, and skyrocketed 465% in three years. At 2:15 PM, IRFC share price was trading 1.09% lower at ₹ 127.30 apiece on the BSE.
Business Standard
28-04-2025
- Business
- Business Standard
IRFC slips as Q4 PAT declines 2% YoY to Rs 1,682 cr
Indian Railway Finance Corporation (IRFC) declined 1.75% to Rs 126.45 after the company's net profit fell by 2.06% to Rs 1,681.87 crore in Q4 FY25 as against Rs 1,717.32 crore posted in Q4 FY24. Total revenue from operations rose by 3.83% year on year (YoY) to Rs 6,722.83 crore in the quarter ended 31 March 2025. Profit before tax was at Rs 1,681.87 crore in Q4 FY25, down 2.06% from Rs 1,717.32 crore posted in the same period a year ago. Total expenses rose 5.91% to Rs 5,041.93 crore in Q4 FY25. Finance costs stood at Rs 4,996.37 crore (up 5.75% YoY), while employee benefits expenses were at Rs 4.33 crore (up 67.83% YoY). On the margins front, the company's operating margin reduced to 25% in Q4 FY25, compared with 26.47% recorded in Q4 FY24. Net profit margin declined to 25.01% in Q4 FY25 from 26.51% registered in Q4 FY24. Meanwhile, the board of directors of the company also approved a fundraise of resources worth up to Rs 60,000 crore for the current fiscal year from both domestic and international markets through a mix of instruments. Indian Railway Finance Corp.'s principal business is to borrow funds from the financial markets to finance. The Government of India held an 86.36% stake in the company as of 31 March 2025.
Time of India
28-04-2025
- Business
- Time of India
IRFC Q4 Results: PAT declines 2% YoY at Rs 1,682 cr, revenue surges 4%
Indian Railway Finance Corporation ( IRFC ) on Monday announced its fourth quarter results for the financial year 2025, posting a 2.1% YoY (year-on-year) fall in its net profit at Rs 1,682 crore, while its revenue from operations rose 3.8% to Rs 6,722.83 crore in the same period. The net profit is down from Rs 1,717.32 crore reported in the year-ago period. Meanwhile, the company's provisions stood at Rs 3.38 crore, rising from Rs 0.46 crore in the previous quarter. IRFC's net income also witnessed a surge of 3.8% YoY at Rs 6,723.8 crore versus Rs 6,477.99 reported in the corresponding quarter of the previous financial year. On the other hand, the company's expenses also rose by nearly 6% YoY to Rs 4,760.67 crore for the quarter ended March 2025. The Q4 earnings of the company were reported during the market hours, following which, the shares of IRFC were trading 1% lower at Rs 127.30 on the BSE. Live Events The company also informed that the Board of Directors has approved raising up to Rs 60,000 crore during the financial year 2025–26. The funds will be raised from both domestic and international markets through a mix of instruments such as tax-free bonds, taxable bonds (either by private placement or public issue), capital gain bonds. They may also raise funds through loans from banks, financial institutions, institutional financing, securitization of future lease receivables, and external commercial borrowings (ECBs). The timing and method will depend on market conditions and funding requirements of Indian Railways. The proceeds will be used for meeting funding needs, refinancing existing loans, supporting new business activities, committed liabilities, and general corporate purposes in one or more tranches during the year. IRFC serves as the funding arm of Indian Railways, mobilizing funds from domestic and overseas capital markets. Earlier in the month of March, the Government of India IRFC to the esteemed Navratna status among Central Public Sector Enterprises (CPSEs). Also read: HAL, GRSE, other defence stocks rally up to 11% amid India-Pakistan tensions, Rafale deal announcement IRFC share price history Over the past one year, the shares of IRFC have declined by 19.52%. On a year-to-date (YTD) basis, it has fallen by 15.37%. In the last six months, the stock has dropped by 11.36%, while over the past three months, it has declined by 7.69%. However, over the last one month, the stock has registered a modest gain of 2.29%. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business Upturn
28-04-2025
- Business
- Business Upturn
IRFC Board approves Rs 60,000 crore market borrowing plan for FY 2025-26
By Aditya Bhagchandani Published on April 28, 2025, 14:11 IST The Board of Directors of Indian Railway Finance Corporation (IRFC) has approved a significant fundraising plan of up to ₹60,000 crore for the financial year 2025-26. The funds will be raised from both domestic and international markets through a prudent mix of instruments. According to the company's filing, the resource mobilisation would include: Tax-Free Bonds and Taxable Bonds through private placement or public issue. Capital Gain Bonds under Section 54EC of the Income Tax Act. Government Guaranteed Bonds , Government Serviced Bonds , and Zero-Coupon Bonds . Perpetual Bonds , Subordinated Bonds , and Market-Linked Bonds . Environment, Social, and Governance (ESG) Bonds . Separately Transferable Redeemable Principal Parts (STRPP) or other bonds/debentures. Loans from Banks and other Financial Institutions , Institutional Financing , and Securitization of Future Lease Receivables . External Commercial Borrowings (ECBs) at appropriate times. The board stated that this move is intended to meet the funding needs of the Indian Railways, support new business activities, refinance existing loans, and fulfill other general corporate purposes, depending on market conditions and requirements, across one or more tranches during the financial year. Meanwhile, Indian Railway Finance Corporation (IRFC) on Monday reported a 2% year-on-year (YoY) decline in net profit to ₹1,681.87 crore for the quarter ended March 31, 2025 (Q4 FY25), compared to ₹1,717.32 crore in the same quarter last year. However, the company's revenue from operations rose 3.8% YoY to ₹6,722.83 crore, up from ₹6,474.58 crore reported in Q4 FY24. The total income for the quarter stood at ₹6,723.80 crore. On the expense side, total expenditure came in at ₹5,041.93 crore for Q4 FY25, as against ₹4,760.67 crore in Q4 FY24. IRFC Q4 FY25 Highlights: Net Profit: ₹1,681.87 crore, down 2% year-on-year (YoY) from ₹1,717.32 crore. Revenue from Operations: ₹6,722.83 crore, up 3.8% YoY from ₹6,474.58 crore. Total Income: ₹6,723.80 crore, compared to ₹6,477.99 crore in Q4 FY24. Total Expenses: ₹5,041.93 crore, higher than ₹4,760.67 crore in the year-ago period. Profit Before Tax (PBT): ₹1,681.87 crore versus ₹1,717.32 crore in Q4 FY24. Full-Year FY25 Net Profit: ₹6,502 crore, up slightly from ₹6,412 crore in FY24. Full-Year FY25 Revenue: ₹27,156.41 crore, compared to ₹26,655.92 crore in FY24. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
