Home Miscellaneous Indian Railways Indian Railway Finance Corp. (IRFC) delivers highest-ever quarterly profit with zero NPA in FY27

Indian Railway Finance Corp. (IRFC) delivers highest-ever quarterly profit with zero NPA in FY27

Indian Railway Finance Corp. (IRFC) delivers highest-ever quarterly profit with zero NPA in FY27

NEW DELHI (Metro Rail News): Indian Railway Finance Corporation Limited (IRFC) has reported its quarterly net profit ₹1,927.21 crore for quarter end of current financial year (Q1 FY27, 30th June 2026) .

This represents a 10.4% profit after tax rising year on year. Last year the net profit was ₹1745.69 Crore.

IRFC’s  total net worth rose to ₹58,791.95 crore, on 30th June, 2026 from ₹56,748.76 crore on 31st March, 2026. This shows a significant increase from last year which recorded net worth of Indian Railway at ₹54,423.96 crore (June 2025).

IRFC’s Net Profit for the Period after Tax (as on the date of the end of quarter)

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IRFC’s Revenue from operations (as on the date of the end of quarter)

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On a quarter-on-quarter basis, operating revenue also grew by 12.61% over the ₹7,335.75 crore recorded in the preceding quarter ended March 31, 2026. Total income for the quarter stood at ₹8,391.34 crore during June 30 2026, reflecting a 21.29% growth over the ₹6,918.24 crore reported in the same period last year. 

IRFC reported an annualized Net Interest Margin (NIM) of 1.48% for the quarter. Its Assets Under Management (AUM) stood at ₹4.79 lakh crore during the same period.

The company also maintained its zero Non-Performing Assets (NPA) status, highlighting the high quality of its loan book. IRFC continues to diversify its financing activities beyond railways, strengthening its overall portfolio. 

This financial stability provides a solid foundation for IRFC to continue diversifying its lending model into broader transport, logistics, and renewable energy sectors. 

‘’Q1 FY27 has been a strong start to the financial year. The Corporation achieved its highest-ever quarterly revenue, net worth, and profitability. These impressive results validate the success of IRFC’s diversification strategy under IRFC 2.0 and the company’s strict discipline in maintaining a zero-NPA, high-quality asset book.’’ said Manoj Kumar Dubey, Chairman and Managing Director of IRFC.

Also Read: IRFC 2.0: Shri Manoj Kumar Dubey Shares the Vision of Indian Railways’ Financial Arm

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