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IRFC Q2 Results: Profit Up 4.4%, Income Rises 2%

The company's income grew 2% to Rs 6,900 crore in the July–September period.

<div class="paragraphs"><p>Indian Railway Finance Corp. posted a 4.4% rise in its net profit in the second quarter of the current financial year.</p><p> (Image source: Unsplash)</p></div>
Indian Railway Finance Corp. posted a 4.4% rise in its net profit in the second quarter of the current financial year.

(Image source: Unsplash)

Indian Railway Finance Corp. posted a 4.4% rise in its net profit in the second quarter of the current financial year.

The public sector undertaking posted a profit of Rs 1,613 crore in the quarter ended September as compared to Rs 1,545 crore in the same period last year, according to an exchange filing on Monday.

The company's income grew 2% to Rs 6,900 crore in the July–September period in comparison to Rs 6,762 crore in the year-ago period.

It has also announced an interim dividend of Rs 0.80 per equity share at a Rs 10 each for the fiscal.

IRFC Q2 FY25 Earnings Highlights (YoY)

  • Total Income up, 2% to Rs 6,900 crore versus Rs 6,762 crore

  • Net profit up 4.4% to Rs 1,613 crore versus Rs 1,545 crore

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Shares of IRFC closed 3.08% lower at Rs 153.24 apiece on the NSE, compared to a 1.27% fall in the benchmark Nifty 50.

The stock has risen 110.49% in the last 12 months. The relative strength index was 54.24. No analyst tracks the company.

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