IRFC Q1 Results: AUM declines from March quarter; NPAs remain at Zero

IRFC Q1 Results: AUM declines from March quarter; NPAs remain at Zero


Shares of Indian Railway Finance Corporation (IRFC) were trading 0.28% lower at ₹88.88 on Thursday, July 30, after the state-run financier reported its June quarter earnings. The stock has declined nearly 29% so far this year.

For the first quarter, net profit increased 10.4% year-on-year to ₹1,927 crore, compared with ₹1,746 crore in the same period last year. Net interest income (NII) rose 9.8% to ₹1,970 crore from ₹1,794 crore a year ago.

Assets under management (AUM) stood at ₹4.79 lakh crore, compared with ₹4.85 lakh crore in the preceding quarter.

Chairman and Managing Director Manoj Kumar Dubey said the June quarter marked a strong start to FY27, with the company delivering its highest-ever quarterly revenue, net worth and profitability. He said the performance reflects the success of IRFC’s ‘IRFC 2.0’ diversification strategy, while maintaining a zero-NPA and high-quality asset book.Looking ahead, the company expects its diversification strategy to support stronger spreads and profitability through FY27. IRFC said it has a healthy pipeline of opportunities across mobility and allied sectors linked to the railway ecosystem and remains focused on prudent risk management while preserving its zero-NPA record.



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