IRFC Posts Record Profit as Diversification Boosts Growth

17 Oct 2025 CW Team

For the quarter ended 30 September 2025, IRFC posted a PAT of Rs 17,769.8 million, a 10.19 per cent increase from Rs 16,126.5 million in the same quarter last year. For the half-year, PAT rose 10.45 per cent year-on-year to Rs 35,226.7 million. Total income stood at Rs 63,719.1 million for Q2 and Rs 132,901.5 million for the half-year, supported by effective liability management and steady asset quality.

Assets Under Management (AUM) reached Rs 462,000 million, despite the absence of new business from Indian Railways in recent years—reflecting the success of proactive diversification. Net worth and earnings per share (annualised) reached record highs at Rs 561,938.5 million and Rs 5.39 respectively.

During the first half, IRFC sanctioned and executed new business agreements worth Rs 453,820 million across railway-linked sectors such as renewable energy, power transmission, coal mining, and industrial infrastructure—a ninefold increase from the previous year. The company’s Net Interest Margin (NIM) improved to 1.55 per cent (annualised), highlighting the strength of its diversified portfolio.

The Board also declared the highest-ever interim dividend, underscoring IRFC’s commitment to shareholder value. Commenting on the results, Manoj Kumar Dubey, Chairman and Managing Director, said the performance reflects IRFC’s resilience and ability to evolve with changing financing dynamics. “Our diversification strategy is yielding tangible results with improved NIMs, zero NPA record, and growing profitability. IRFC continues to play a pivotal role in enabling railway-linked infrastructure growth while maintaining financial prudence and stakeholder trust,” he added.

Indian Railway Finance Corporation (IRFC), a Navratna CPSE under the Ministry of Railways, has reported its highest-ever profit after tax (PAT) driven by strategic diversification and improved margins. For the quarter ended 30 September 2025, IRFC posted a PAT of Rs 17,769.8 million, a 10.19 per cent increase from Rs 16,126.5 million in the same quarter last year. For the half-year, PAT rose 10.45 per cent year-on-year to Rs 35,226.7 million. Total income stood at Rs 63,719.1 million for Q2 and Rs 132,901.5 million for the half-year, supported by effective liability management and steady asset quality. Assets Under Management (AUM) reached Rs 462,000 million, despite the absence of new business from Indian Railways in recent years—reflecting the success of proactive diversification. Net worth and earnings per share (annualised) reached record highs at Rs 561,938.5 million and Rs 5.39 respectively. During the first half, IRFC sanctioned and executed new business agreements worth Rs 453,820 million across railway-linked sectors such as renewable energy, power transmission, coal mining, and industrial infrastructure—a ninefold increase from the previous year. The company’s Net Interest Margin (NIM) improved to 1.55 per cent (annualised), highlighting the strength of its diversified portfolio. The Board also declared the highest-ever interim dividend, underscoring IRFC’s commitment to shareholder value. Commenting on the results, Manoj Kumar Dubey, Chairman and Managing Director, said the performance reflects IRFC’s resilience and ability to evolve with changing financing dynamics. “Our diversification strategy is yielding tangible results with improved NIMs, zero NPA record, and growing profitability. IRFC continues to play a pivotal role in enabling railway-linked infrastructure growth while maintaining financial prudence and stakeholder trust,” he added.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Infrastructure Transport

02 Apr 2026

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Technology

02 Apr 2026

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..