IRFC Q4 Update: Indian Railway Finance Corporation (IRFC) announced on Tuesday, April 22, that it has rescheduled its board meeting to declare its January-March quarter results for fiscal 2024-25 (Q4FY25). The Navratna public sector undertaking (PSU) will now declare its fourth quarter results for FY25 and consider borrowing plans on Monday, April 28, instead of April 29, 2025.
On Tuesday, shares of IRFC opened at ₹132 and gained nearly one per cent to hit an intraday high of ₹133.50, before settling at ₹132.25 apiece on the BSE. Shares of IRFC have rallied five per cent in the last five sessions but have shed 12 per cent year-to-date (YTD). IRFC is a multibagger railway PSU stock that has provided over 500 per cent returns in the last three years.
"This is to inform that the meeting of the Board of Directors of the company, which was originally scheduled to be held on Tuesday, April 29, 2025, stands rescheduled to Monday, April 28, 2025, inter alia, to consider and approve:
i. The Audited Financial Results for the quarter and financial year ended 31st March, 2025 and other financial statements, namely Cash Flow Statement and Statement of Assets and Liabilities for the year ended 31st March, 2025.
ii. Approval of the Market Borrowing programme of the company for the Financial Year 2025-26," said IRFC in a regulatory filing to the stock exchanges. IRFC also announced that its trading window will remain closed between April 1 and 48 hours after the announcement of the March quarter results.
"Pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015 and amendments thereto) and the company’s Policy under said Regulations, Trading Window, which remains closed since April 1, 2025, shall continue to remain closed till the 48 hours after the declaration of Audited Financial Results for the Quarter and Financial year ended March 31, 2025. The same was intimated vide our letter dated 26th March 2025."
IRFC added in its exchange filing, “All designated employees and other connected persons, as defined in the company’s policy under said Regulations, have been advised not to trade in the company’s Securities, including its Equity Shares and Listed Debt securities, during the above-said period.”
The state-run finance reported a net profit of ₹1,630 crore in the third quarter of FY25, registering a growth of two per cent from ₹1,599 crore. IRFC’s revenue from operations in Q3FY25 increased marginally by 0.4 per cent to ₹6,763 crore from ₹6,737 crore, year-on-year (YoY).
The railway PSU, which was granted a Navratna status last month, raises financial resources for expansion through capital markets and borrowings. Beyond its role in railway asset financing, IRFC is expanding into sectors with forward and backwards linkages to railways, such as power generation and transmission, mining, fuel, coal, warehousing, telecom, and hospitality.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.