Indian Railway Finance Corporation

Photo: India Tv News

Profit For Indian Railway Finance Corporation Increases By 37.90% In 2021-22

The external financing arm of Indian Railways, Indian Railway Finance Corporation Limited (IRFC), reported a 37.90% increase in profit after tax to Rs 6,090 crore in 2021-22 on May 20. The company's profit after tax for the previous fiscal year was 4,416 crore. As of March 31, 2022, the company's assets under management were €4,15,238 crore, representing a 15.32% increase. 

Sat, 21 May 2022 - 01:40 PM / by Vidhi Jhunjhunwala

Tags: Indian Railways, RAILWAYS, profit after tax, IRFC, PROFIT

Courtesy: NDTV

Indian Railway

Photo: Bloomberg Quint

Railways' Finance Arm IRFC's Q3 Profit Clocks 16% Rise To Rs 2,934 Cr

The Indian Railway Finance Corporation Ltd has reported a 16% surge of Rs 2,934 crore in its Q3 of FY21 profit ending December 2020. Additionally, the company witnessed a 10.76% rise in its total revenue that stood at Rs 11,315.51 crore. Interestingly, allowing interim dividend, the IRFC also revealed having no NPAs and credited government linkages, strong Capital Adequacy Ratio and positive credit ratings behind the growth.

Sun, 14 Feb 2021 - 07:46 PM / by Nikita Thakur

Tags: IRFC, Indian Railways, Companies, QUARTER PROFITS, NPAs

Courtesy: LiveMint