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Indian Railway Finance Corporation (IRFC)
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CNBC TV18•15-10-2026, 15:55
IRFC Q2 Results: Net Profit Rises 10% With Highest-Ever Dividend
  • •Indian Railway Finance Corporation reported a 10.2 percent year-on-year rise in net profit to 1,958.5 crore rupees for the second quarter of FY27.
  • •Net interest income surged 30.2 percent year on year to 1,949 crore rupees while maintaining a clean loan book with zero non-performing assets.
  • •The board declared a record interim dividend of 1.50 rupees per share, which is the highest-ever dividend payable in a single tranche.
  • •Manoj Kumar Dubey, Chairman and Managing Director, stated that diversification into railway-linked businesses is yielding strong margins and profitability.
  • •IRFC plans to finance upcoming projects including Dedicated Freight Corridors, high-speed rail, port expansions, and renewable energy initiatives.

Key Questions Answered

For Q2 FY27, Indian Railway Finance Corporation reported a 10.2% year-on-year increase in net profit reaching ₹1,958.5 crore, while net interest income rose by 30.2% to ₹1,949 crore.

The IRFC board declared its highest-ever interim dividend of ₹1.50 per share for FY27, payable in a single tranche. The record date to determine shareholder eligibility is set for October 23, 2026.

IRFC successfully maintained its track record of zero non-performing assets, keeping its loan book completely clean while continuing to expand its lending across railway-linked and allied infrastructure sectors.