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

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

Infrastructure Urban

08 May 2026

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Infrastructure Transport

08 May 2026

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..