Indian Railway Finance Corporation Ltd News

IRFC Q3 results: Net profit rises 2% to Rs 1,631 cr, income at Rs 6,766 cr

Indian Railway Finance Corporation Ltd (IRFC) on Monday reported a 2 per cent increase in net profit to Rs 1,631 crore for the third quarter ended December 2024. The NBFC, under the administrative control of the Ministry of Railways, had earned a net profit of Rs 1,599 crore in the year-ago period. The total income of the company rose to Rs 6,766 crore in the October-December period from Rs 6,740 crore in the year-ago period, IRFC said in a regulatory filing. The total expenses of the Mini-Ratna company during the period under review fell marginally to Rs 5,136 crore from Rs 5,141 crore in the corresponding period a year ago. The networth of the company rose to Rs 52,046 crore at the end of December 2024 compared to Rs 47,443 crore at the end of third quarter of previous fiscal. The company raised Rs 6,600 crore via bonds during the quarter to fund business expansion.

Railway stks RVNL, Transrail, others surge up to 11% on higher capex hopes

The capital expenditure (capex) allocation for the railway sector is expected to rise by 20 per cent in Budget 2025-26, according to reports

IRFC shares rise 3% after inking MoU for renewable energy projects

Shares of Indian Railway Finance Corporation (IRFC) gained 3.1 per cent at Rs 156.80 a piece on the BSE in Friday's intraday trade

BPCL, IRFC, NHPC: 5 PSU stocks with up to 14% upside potential in near-term

Despite ending 2024 on a strong note, select PSU stocks such as Oil India, NHPC and Coal India plunged up to 43% from the peaks; technical charts hint at a possible pull-back in the near-term.

Here's why IRFC share price was buzzing in trade on December 26; details

The IRFC share price dropped as much as 1.55 per cent to hit an intraday low of Rs 145.60 per share from previous close of Rs 147.90

IRFC raises Rs 2,840 cr through 10-year bonds at 7.15% interest rate

Indian Railways' finance arm was in the market to raise Rs 3,000 cr

Railway stocks in demand; Jupiter, Titagarh, RailTel, RVNL rally up to 13%

Key projects, including the PLI scheme for train parts, Gati Shakti inclusion, redevelopment of railway stations, and the multitracking project, are opening unparalleled possibilities for the sector

LIC, BSE, Angel One, Adani shares soar up to 9% on F&O entry; Nykaa dips 2%

It was a mixed debut for the new 45 entrants in the derivatives segment as 50 per cent of the shares traded with losses in intra-day deals on the NSE.

Q2 results: IRCTC, IRFC and Raymond among 47 to post earnings on Nov 4

Q2FY25 results Nov 4: Patanjali Foods and Colgate-Palmolive announce dividend payouts

RVNL, IRCTC, IRFC: Railway stocks trading 33% off highs; time for a relook?

Tech charts show that RVNL, IRCTC, IRFC, RailTel and Texmaco Rail were trading below long-term moving averages on the daily scale; however, select stocks were seen seeking support on the weekly scale.

Here's why IRFC share price was buzzing in trade on October 09; details

The Board has also approved the appointment of Ajoy Choudhury as Chief Risk Officer on fixed tenure basis for two years.

IRFC share price surges 3% despite flat Q1FY25 earnings; details here

Shares of India Railway Finance Corporation (IRFC) soared up to 2.6 per cent at Rs 189.45 per share on the BSE in Tuesday's early morning deals