Indian Railway Finance Corporation Limited (IRFC), the dedicated financing arm of Indian Railways, has reported its strongest-ever quarterly performance for Q1, showcasing robust growth across key financial metrics.

Financial Highlights

• Total income reached Rs. 6,918.24 crore, up from Rs. 6,766.03 crore in the same quarter last year, marking the highest-ever quarterly income in IRFC's history.
• Profit After Tax (PAT) grew by 10.71% to Rs. 1,745.69 crore, compared to Rs. 1,576.83 crore in the corresponding quarter of the previous year.
• Net interest margin improved to 1.53% (annualized), the best performance in three years.
• The company's net worth climbed to Rs. 54,423.96 crore, the highest since inception.
• Book value per share stood at Rs. 41.65.

Operational Excellence

IRFC's operational efficiency continued to impress, with several notable achievements:

• The debt-to-equity ratio improved to 7.44, indicating a healthier balance sheet.
• The company maintained its streak of zero non-performing assets (NPAs).
• IRFC retained its position as having the lowest overhead cost in the industry.

Management Commentary

Manoj Kumar Dubey, Chairman and Managing Director of IRFC, commented on the results: "Our performance this quarter reflects the robustness of IRFC's financial strategy and its critical role in advancing the infrastructure goals of Indian Railways. As the sector undergoes unprecedented transformation, we are committed to driving financial innovation and maintaining operational excellence."

Strategic Developments

This quarter marks IRFC's first full reporting period since being granted Navratna status by the Government of India. This elevation provides the company with enhanced autonomy and strategic flexibility in its operations and investments.

Future Outlook

The record-breaking quarter, coupled with IRFC's new Navratna status, suggests a broadening of scope and ambition for the company. IRFC 2.0 is positioned for growth, with plans to proliferate assets across the entire railway ecosystem, focusing on backward and forward linkages to railway-centric projects.

Board Approvals

In addition to the financial results, the Board of Directors has approved a "General Corporate Purpose Term Loan/ Working Capital Term Loan/ Short Term Loan Policy" for the company, indicating potential new avenues for financial operations.

IRFC's stellar Q1 performance underscores its pivotal role in financing the growth and modernization of Indian Railways, while its improved financial metrics and strategic initiatives position it well for continued success in the evolving transportation finance landscape.

Indian Railway Finance Corporation Ltd. (IRFC) is set to release its financial results for the quarter ended June 2025, marking the first quarter of the fiscal year 2026. The announcement is scheduled for Tuesday, July 22, following a Board of Directors meeting to consider and approve the unaudited financial statements.

Trading Window Closure and Earnings Call

In line with regulatory practices, IRFC's trading window has been closed since July 1, 2025, and will remain shut until 48 hours after the results are declared. This measure is typically implemented to prevent insider trading and ensure fair disclosure of information to all stakeholders.

An earnings call is slated for July 23 at 11 a.m., where investors and analysts can gain further insights into the company's performance. The call will feature key executives, including Chairman and Managing Director Manoj Kumar Dubey and Director Finance Randhir Sahay.

Previous Quarter Performance

Looking back at the previous quarter ended March 2025, IRFC reported mixed results:

Stock Performance

IRFC's stock has faced significant headwinds over the past year:

• 52-week high: ₹212.00
• 52-week low: ₹108.04
• Year-over-year decline: 34.77%

As of Monday morning, IRFC shares were trading at ₹133.37, down 0.35% from the previous close.

Investors and market watchers will be keenly observing the upcoming Q1 FY26 results to gauge the company's financial health and future prospects in light of the recent stock performance.