India Railway Finance Corporation (IRFC) reported a 10.17 per cent YoY profit growth in the second quarter of fiscal year 2026. The public sector company reported a profit of Rs 1,776.9 crore in Q2 FY26, compared to a profit of Rs 1,612 crore in Q2 FY25.
Furthermore, while its profit has risen in the quarter, IRFC reported a 7.6 per cent revenue decline in Q2. The company’s revenue from operations declined to Rs 6,371 crore in Q2 FY26 from a revenue of Rs 6,899 crore in the corresponding quarter of the previous fiscal year.
IRFC declares dividend
IRFC’s Board of Directors declared an interim dividend of Rs 1.05 per equity share. The company stated that the announced dividend is its highest ever.
The company stated that it sanctioned and executed new business agreements aggregating Rs 345,382 crore during the half-year across railway-linked sectors, including power generation (with a focus on renewable energy), energy transmission, coal mining, and industrial infrastructure. These sanctions represent a ninefold increase from the Rs 5,250 crore executed in the preceding financial year.