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Indian Railway Finance Corporation Ltd Q4FY24; 9% rise in Profits

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 Q4FY24 of ₹2,126.00 Crores up from ₹1,961.00 Crore year on year, a rise of 8.41%.

Total Expenses for Q4FY24 of ₹1,875.00 Crores up from ₹1,658.00 Crores year on year, a rise of 13.09%.

Consolidated Net Profit of ₹254.00 Crores up 8.55% from ₹234.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹18.61, Sales 8.51% from ₹17.15 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: railways
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