Indian Railway Finance Corporation Limited (IRFC) is a public sector enterprise established in 1986 under the Ministry of Railways, Government of India. It is the dedicated financing arm of the Indian Railways and plays a crucial role in raising funds for various infrastructure projects and operations of the railway sector. IRFC primarily focuses on financing the acquisition of rolling stock assets, including locomotives, coaches, wagons, and other railway equipment. The company provides financial assistance to the Indian Railways through the issuance of bonds and loans from domestic and international markets.
- Indian Railway Finance Corporation Limited reported Total Income for Q4 FY23 of ₹6,272.74 Crore up from ₹5,932.80 Crore year on year, a growth of 5.7%.
- Total Expenses for Q4 FY23 of ₹4,945.03 Crore up from ₹4,439.98 Crore year on year, a growth of 11.4%.
- Consolidated Net Profit of ₹1,327.70 Crore, down 11% from ₹1,492.49 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹1.02, up from ₹1.14 in the same quarter of the previous year.
Most Popular
Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript
Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah
All you need to know about Antony Waste Handling Cell in one article
Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?
Demystifying the Leading Non-Ferrous Recycling Company of India
“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,