IRFC Q3 results: Net Profit up by 1.98%, PAT stood at Rs 4820 crore
The company posted profit growth of 1.98% for Q3 FY 2024-25 at Rs. 1,630.66 crore vis-a-vis Rs. 1,598.93 crore reported in Q3 FY 2023-24.

IRFC Q3 results: Net Profit up by 1.98%, PAT stood at Rs 4820 crore
Indian Railway Finance Corporation Limited (“IRFC” or the “Company”), ‘Mini- Ratna’ Schedule-A Public sector enterprise under the administrative control of the Ministry of Railways, Government of India, announces the financial results of Q3FY25. During the period ending 31st December 2024, the Company reported PAT at Rs. 4,820.13 crore vis-a-vis Rs. 4,694.78 crore reported in the corresponding period in the previous year.
The company posted profit growth of 1.98% for Q3 FY 2024-25 at Rs. 1,630.66 crore vis-a-vis Rs. 1,598.93 crore reported in Q3 FY 2023-24. The total income for the nine months ended 31st December 2024 grew by 1.26% and stands at Rs 20,432.61 Crore as against Rs. 20,177.94 Crore reported in the corresponding period of the previous year.
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The company reported a total income of Rs. 6,766.39 for Q3 FY 2024-25 as against Rs. 6,740.02 Crore reported in Q3 FY 2023-24. Net worth at the end of the nine months ended 31st December 2024, stands at Rs. 52,046.26 crores up by 9.70%, as against Rs. 47,443.29 crores reported in the nine months ended 31st December 2023.
The Assets Under Management (AUM) to the end of nine-month ended 31st December 2024, stands at Rs.4,61,251.34 crore and the Earning Per Share of the company is at Rs. 3.69 for the nine months ended 31st December 2024.
Sh. Manoj Kumar Dubey, Chairman & Managing Director, IRFC, stated that: “IRFC is also making all efforts to diversify its lending portfolio as per current mandate into sectors with backward and forward linkage with Indian Railways.
Read Also : Secretary, MoPNG visited RE Pavilion at IEW 2025, hosted by HPCLAs per the above mandate, the company has participated and emerged as the L1 bidder in the bid for financing of Rs 3,167 crore for the development of the Banhardih Coal Block in Latehar District, Jharkhand. This project is being undertaken by Patratu Vidyut Utpadan Nigam Limited (PVUNL), a joint venture between NTPC Limited (74% equity stake) and Jharkhand Bijli Vitran Nigam Limited (26% equity stake).
Further, the IRFC board had approved financing of 20 BOBR rakes procured under the General Purpose Wagon Investment Scheme (GPWIS) of Indian Railways to NTPC for up to INR 700 crores on a finance lease basis in October 2024 and signed a lease agreement with NTPC Ltd in January 2025 for 8 BOBR rakes amounting to INR 250 crores approximately in the first phase.
We are actively working towards garnering cheaper sources of funding through Zero-coupon bonds and capturing more of capital gain tax exemption bonds (i.e., 54EC bonds) and deploying these resources towards Railway Infra-eco-system at the most competitive rates.”
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