The state-owned non-banking financial company, which operates under the Ministry of Railways, had posted a profit of ₹1,577 crore in the same period last year.
Total income for the April–June quarter rose to ₹6,918 crore from ₹6,766 crore a year earlier, according to a stock exchange filing.
IRFC’s total expenses for the quarter declined slightly to ₹5,173 crore from ₹5,189 crore in the corresponding period of FY25.
The company’s net interest margin improved to 1.53% (annualised), the highest level in the past three years, driven by stronger lending spreads and tighter cost controls, it said.
IRFC also reported a book value of ₹41.65 per share, with net worth reaching ₹54,423.96 crore — the highest since the company’s inception.
“Our performance this quarter reflects the robustness of IRFC’s financial strategy and its critical role in advancing the infrastructure goals of Indian Railways,” said Manoj Kumar Dubey, Chairman and Managing Director of IRFC. “As the sector undergoes unprecedented transformation, we are committed to driving financial innovation and maintaining operational excellence.”
