IRFC Q4 FY22-23: Registers 4% increase in profit
The Board of Directors has also proposed a final dividend at 7% of Face Value of Rs. 10/- each i.e. Rs. 0.7 per share for FY 2022-23.
New Delhi: Indian Railway Finance Corporation Limited (IRFC), the dedicated market borrowing arm of the Indian Railways, posted a profit of Rs. 6337 crores for FY 2022-23 as against Rs. 6090 crores reported in FY 2021-22.
The revenue from operations for FY 2022-23 grew by 17.70% to stand at Rs. 23,891 crores as against Rs. 20,298 crores reported in FY 2021-22.
The earning per share of the company is at Rs. 4.85 at the end of FY 2022-23 as compared to Rs. 4.66 in the previous financial year.
Read Also : SAIL DSP and EMD signs agreement with Sentra WorldThe Board of Directors has also proposed a final dividend at 7% of Face Value of Rs. 10/- each i.e. Rs. 0.7 per share for FY 2022-23. The company has already paid Rs. 0.8 per share as interim dividend which amounts to a total dividend of Rs. 1.5 per share for FY 2022-23.
Read Also : EIL and HRRL achieved another critical milestone at Rajasthan Refinery project
Net worth at the end of FY 2022-23 stands at Rs. 45,470 crores up by 10.91%, as against Rs. 40,996 crores reported in FY 2021-22. The Assets Under Management (AUM) to end of FY2022-23 stands at Rs. 4,66,938 crores registering a growth of 8.6%.
Read Also : Coal India organises workshop RTI ActNews Must Read
- Shri. Bikram Ghosh takes charge as Director (Finance) in WCL
- SBI to change debit cards maintenance normal from 1 April, 2024
- NMDC excels at Governance Now 10th PSU Awards
- NTPC Group ties up JPY 30 billion funding from JBIC
- Jabalpur Airport connects Madhya Pradesh to other cities
- Best Organisations for Women title to PowerGrid
- Air India Faces Heavy Fine from DGCA of Rs 80 Lakh
- NCL's mega achievement; surpasses 500 Million Cubic Meters of Overburden
- RailTel bags major order from CDAC worth Rs 36 crore
- ICRA withdraws long term rating of NCDs of ONGC