Indian Railway Finance Corporation (IRFC) on Thursday reported a net profit of Rs 1,684 crore in the March-ended quarter, flat versus Rs 1,682 crore in the year-ago period. The PSU company posted a 9% year-on-year (YoY) revenue growth to Rs 7,336 crore in Q4FY26, compared to Rs 6,723 crore in the corresponding quarter of the previous financial year.The financial service company reported a 7% sequential drop in the profit after tax (PAT) in the quarter under review to Rs 1,802 crore in Q3FY26, while the topline increased 10% quarter-on-quarter to Rs 6,661 crore in the October-December quarter of FY26.The railway sector company is responsible for raising funds from the capital market at a competitive cost to augment railway plan finances.IRFC's interest income in Q4FY26 stood at Rs 2,902 crore versus Rs 2,311 crore in Q3FY26 and Rs 1,970 crore in Q4FY25, implying a 26% QoQ growth and a 47% YoY uptick.The company incurred expenses of Rs 5,644 crore in the quarter under review versus Rs 4,917 crore in Q3FY26, while Rs 5,042 crore in Q4FY25. The expenditure was 15% higher QoQ while rising 12% YoY. The expenses were made under heads including finance cost, employee benefits and depreciation, amortisation & impairment, among other things.Its net worth stood at Rs 56,749 crore as on March 31, 2026, compared to Rs 52,668 crore in the corresponding quarter of the last financial year.The debt-to-equity ratio in Q4FY26 stood at 7.69 versus 7.38 in Q3FY26 and 7.83 in Q4FY25.For the financial year ended March 31, 2026, IRFC reported its highest-ever PAT of Rs 7,009 crore, compared to Rs 6,502 crore in FY25, registering a year-on-year growth of 7.80%.IRFC's Assets Under Management (AUM) hit a record high, expanding to approximately Rs 4.85 lakh crore through fresh sanctions and disbursements in railway-linked segments.The company reported a net interest margin (NIM) of 1.50%.(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)
IRFC Q4 Results: Co posts muted profit growth at Rs 1,684 crore, revenue rises 9% YoY
Indian Railway Finance Corporation reported a largely flat Q4FY26 performance, with net profit inching up to Rs 1,684 crore from Rs 1,682 crore a year earlier. Revenue, however, rose 9% year-on-year to Rs 7,336 crore, reflecting steady growth in business operations.











