State-owned Indian Railway Finance Corporation (IRFC) reported a 10.2 per cent year-on-year (YoY) increase in net profit to ₹1,958.48 crore in the second quarter of FY27, ended September 30, 2026 (Q2 FY27), compared with ₹1,776.98 crore in the corresponding period last year.
The lender’s revenue from operations rose 23.5 per cent to ₹7,866.41 crore during the quarter, up from ₹6,371.89 crore in Q2FY26.
IRFC’s earnings per share (EPS) increased 10.3 per cent to ₹1.50 in the quarter under review, compared with ₹1.36 in the year-ago period. Both basic and diluted earnings per share stood at ₹1.50, against ₹1.36 in the corresponding quarter of the previous financial year.
“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,” said Manoj Kumar Dubey, Chairman and Managing Director, IRFC.
The lender’s net worth stood at a record ₹60,573.35 crore as on 30th September 2026, as against ₹56,748.76 crore as on 31st March 2026, continuing its upward trajectory on the back of sustained profitability, the regulatory filing stated.
Its Board of Directors declared a record-high interim dividend of ₹1.15 per share, the highest ever payable in a single tranche.
Shares of the company closed at ₹78.90, down ₹0.85 (1.07 per cent) on Thursday.
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