Latest news with #RedeemablePrincipal
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 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.
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. At 2:15 PM, IRFC share price was trading 1.09% lower at ₹ 127.30 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions. First Published: 28 Apr 2025, 02:16 PM IST
