IRFC records highest-ever quarterly revenue of ₹6,900.20 cr in FY25 September quarter

NEW DELHI: Indian Railway Finance Corporation Limited (IRFC), a 'Mini-Ratna' Schedule-A public sector enterprise under the Ministry of Railways, has achieved its highest-ever quarterly revenue. The company reported Rs 6,900.20 crore in total income for the second quarter of FY 2024-25, marking a 2.04 per cent increase from Rs 6,762.18 crore in Q2 of the previous fiscal year.

IRFC, registered with the Reserve Bank of India (RBI) as a non-deposit-taking Non-Banking Finance Company (NBFC) and Infrastructure Financing Company (IFC), disclosed its unaudited financial results for the quarter and half-year ending September 30, this year. The company's profit after tax (PAT) for Q2 FY 2024-25 rose by 4.41 per cent, reaching Rs 1,612.65 crore compared to Rs 1,544.58 crore in the same quarter of the previous year. The PAT for the half-year ended September 30, stood at Rs 3,189.47 crore, up from Rs 3,095.86 crore in the corresponding period of the previous year.