IRFC Q3 results: Net profit rises 1.98% to Rs 1,631 crore
In the previous year period, the post-tax profit was Rs 1,598.93 crore. Revenue from operations increased 0.39% to Rs 6,766.39 crore in the latest October-December quarter as compared to Rs 6,740.02 crore in the corresponding period last year.
IRFC Q3 results: Net profit rises 1.98% to Rs 1,631 crore
Railway sector PSU, Indian Railway Finance Corporation (IRFC) reported a 1.98% increase in its profit after tax (PAT) to Rs 1,630.66 crore in the third quarter of the financial year 2024-25, the company informed in an exchange filing on Monday, January 20.
In the previous year period, the post-tax profit was Rs 1,598.93 crore. Revenue from operations increased 0.39% to Rs 6,766.39 crore in the latest October-December quarter as compared to Rs 6,740.02 crore in the corresponding period last year.
The company's total expenses declined 0.10% to Rs 5,135.73 crore in Q3 FY25 as against Rs 5,141.09 crore in the corresponding previous year. Total comprehensive income for the period was Rs 1627.62 crore, compared to Rs 1605.56 crore. In the previous quarter, it was Rs 1,602.59 crore.
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Post announcement, shares of IRFC rose 0.35% to Rs 146.70 apiece on the National Stock Exchange. The stock has declined 3.59% in the past month, 24.52% in the six months, and 12.14% in one year. The market capitalisation stood at Rs 1,91,675.78 crore.
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