Incorporated in 1986, Indian Railway Finance Corporation borrows funds from the financial markets to finance the acquisition / creation of assets which are then leased out to the Indian Railways as finance lease
Financial Results:
Indian Railway Finance Corporation Ltd reported Revenues for Q2FY25 of ₹1,064.00 Crores up from ₹991.00 Crore year on year, a rise of 7.37%.
Total Expenses for Q2FY25 of ₹707.00 Crores up from ₹643.00 Crores year on year, a rise of 9.95%.
Consolidated Net Profit of ₹308.00 Crores up 4.41% from ₹295.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹3.85, Sales 4.62% from ₹3.68 in the same quarter of the previous year.