Indian Railway Finance Corporation (IRFC) announced its highest-ever quarterly profit for the third consecutive quarter. Profit After Tax (PAT) stood at ₹1,802.19 crore, a year-on-year growth of 10.52%. The company has already achieved its full-year sanction guidance of ₹60,000 crore. IRFC’s Assets Under Management (AUM) reached a record ₹4.75 lakh crore as of December 31, 2025.
Exceptional Financial Performance
Indian Railway Finance Corporation (IRFC) reported its highest-ever profit for the third consecutive quarter. The company achieved a Profit After Tax (PAT) of ₹1,802.19 crore for the quarter ended December 31, 2025 (Q3), marking a 10.52% increase year-on-year.
For the nine-month period, PAT reached ₹5,324.86 crore, compared to ₹4,820.13 crore in the previous year, showing a double-digit growth of 10.47%.
Key Financial Metrics
Net Interest Margin (NIM) improved by over 8% year-on-year. Total income for Q3 stood at ₹6,719.23 crore, and the nine-month income reached ₹20,009.38 crore, driven by diversification-led business development.
Sanction and Disbursement Update
IRFC has already achieved its annual sanction guidance of ₹60,000 crore within the first nine months of the fiscal year. The disbursement target of ₹30,000 crore is on track, with nearly three-fourths already disbursed by the end of Q3.
Strategic Refinancing
IRFC successfully refinanced DFCCIL’s World Bank loan of ₹9,821 crore. This strategic transaction replaced foreign currency exposure with rupee financing, generating savings and mitigating risk for the railway project.
Assets Under Management
Assets Under Management (AUM) rose to a record ₹4.75 lakh crore as of December 31, 2025, despite the absence of fresh business from Indian Railways during the period. The growth was driven by diversification initiatives.
Funding and Expansion
The corporation’s net worth reached ₹56,625.41 crore. IRFC strengthened its funding profile by securing a JPY 46.458 billion (USD 300 million) External Commercial Borrowing facility and also raised funds through the issuance of Zero-Coupon (Deep Discount) Bonds. The Earnings Per Share (EPS) is at ₹5.43.
Source: BSE
