IRFC Net Profit Climbs 10% to ₹1,958.4 Crore, Announces Second Interim Dividend
Indian Railway Finance Corporation (IRFC) reported a 23.45 % rise in revenue from operations to ₹7,866.41 crore in the September quarter of FY27, up from ₹6,371.89 crore in the corresponding period of the previous fiscal year. Net profit increased 10.21 % to ₹1,958.4 crore year‑on‑year, compared with ₹1,776.98 crore in the July‑September quarter a year earlier, as disclosed in a regulatory filing on Thursday, 15 October.
Total expenses for the quarter rose 29.84 % to ₹5,965.9 crore. IRFC’s net worth reached a record ₹60,573.35 crore as of 30 September 2026, up from ₹56,748.76 crore on 31 March 2026. The Net Interest Margin (NIM) for the quarter was 1.50 % (annualised). The company maintained an unblemished record of zero non‑performing assets, keeping a clean loan book while expanding its diversified lending portfolio across railway‑linked and allied infrastructure sectors.
The board of directors announced an interim dividend of ₹1.15 per share of 10 for FY27. The record date for determining eligibility of shareholders to receive the second interim dividend is Friday, 23 October. The dividend will be paid to shareholders listed on the record date, following the company’s dividend policy and regulatory requirements.
Manoj Kumar Dubey, Chairman and Managing Director, said, ‘Q2 and H1 FY2026‑27 have been significant not just from a financial standpoint, but also from a governance and institutional strengthening perspective. Looking ahead, we are gearing up to meet the substantial financing requirements of newly sanctioned Dedicated Freight Corridors, High‑Speed Rail Corridors, national port expansion and the renewable energy sector having PPAs with Indian Railways, following a Whole‑Of‑Government approach.’
IRFC stated it is well‑positioned to sustain momentum in margins and profitability through the remainder of FY27, driven by its diversification strategy. The company highlighted a growing pipeline of opportunities in metro rail, Dedicated Freight Corridors, Rapid Rail, High‑Speed Rail, power, ports and renewable energy, reinforcing its role in supporting national infrastructure development under a Whole‑Of‑Government framework.