The net profit of Indian Railway Finance Corporation Limited i.e. IRFC in the July-September quarter has increased by 4.4% on annual basis (YoY) to Rs 1,613 crore. In the same quarter (Q2FY23) last year, the company's net profit was Rs 1,544 crore.
Whereas in the last quarter (Q1FY25) it was Rs 1,576 crore. That means the company's net profit has increased by 2.28% on quarterly basis (QoQ). IRFC released the results for Q2FY25 i.e. the second quarter of FY 2025 on Monday (November 4).
IRFC's revenue increased by 2.02% to ₹6,898 crore
IRFC's revenue in the second quarter increased by 2.02% year-on-year to Rs 6,899 crore, compared to Rs 6,761 crore in the same quarter last year. Whereas in the last quarter (Q1FY25) the company's revenue was Rs 6,765 crore. That means the company's revenue has increased by 1.96% in Q2FY25 compared to Q1FY25.
IRFC shares gave 110% return in one year
Shares of IRFC today closed at Rs 152.80 with a decline of 3.36%. IRFC shares have fallen 1.83% in 6 months. It has given a return of 110% in one year.
If we talk about this year only i.e. from January 1 till now, the company's shares have given a return of 52.19%. During this period it has increased by Rs 52.40. The market value of the company is Rs 2 lakh crore.
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