Indian Railway Finance Corporation (IRFC) reported a dip in its net profit for the quarter ended March 2025, according to an exchange filing made on Monday.
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The financier’s net profit fell 2% to Rs 1,681.87 crore, compared to Rs 1,717.32 crore in the same quarter of the previous fiscal year. Despite the profit decline, total income rose 3.8% to Rs 6,723.80 crore from Rs 6,477.99 crore year-on-year.
In a significant move, the company‘s board of directors also approved the raising of up to Rs 60,000 crore during the current fiscal year. The funds will be sourced from both domestic and international markets through a combination of instruments.
IRFC Q4 Highlights (Year-on-Year):
- Revenue grew 3.8% to Rs 6,723.80 crore from Rs 6,477.99 crore.
- Net profit slipped 2% to Rs 1,681.87 crore from Rs 1,717.32 crore.
IRFC Share Price Movement: Shares of IRFC fell as much as 1.75% to Rs 126.55 apiece — the lowest level since April 15 — as of 2:20 p.m. In contrast, the NSE Nifty 50 index was up 1.22%.
On a year-to-date basis, IRFC’s share price has declined by 14.87% and has fallen 19.71% over the past 12 months. Trading volume during the day stood at 1.03 times the 30-day average, while the stock’s relative strength index (RSI) was at 37.86, indicating weakening momentum.
Bloomberg data shows that one analyst currently has a ‘sell’ recommendation on the stock, with the average 12-month consensus price target implying a potential downside of 60.8%.
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