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  1. IRFC net profit rises 10% to ₹1,958 crore, second interim dividend announced; check record date

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IRFC net profit rises 10% to ₹1,958 crore, second interim dividend announced; check record date

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.

2 min read | Updated on October 15, 2026, 16:34 IST

SUMMARY

IRFC's revenue from operations rose 23.45% to ₹7,866.41 crore in the September quarter of FY27 from ₹6,371.89 crore in the corresponding period of the previous fiscal year.

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Total expenses of IRFC were at ₹5,965.9 crore, up 29.84% in the second quarter of FY27. | Image: irfc.co.in

Total expenses of IRFC were at ₹5,965.9 crore, up 29.84% in the second quarter of FY27. | Image: irfc.co.in

Indian Railways' financial arm, Indian Railway Finance Corporation, reported a 10.21% increase in net profit to ₹1,958.4 crore in the September quarter of FY27, on a year-on-year basis.
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The company had posted a net profit of ₹1,776.98 crore in the July-September quarter a year ago, according to a regulatory filing on Thursday, October 15.

Its revenue from operations rose 23.45% to ₹7866.41 crore in the September quarter of FY27 from ₹6371.89 crore in the corresponding period of the previous fiscal year, according to an exchange filing.

Total expenses of IRFC were at ₹5,965.9 crore, up 29.84% in the second quarter of FY27.

The Corporation's net worth stood at a record ₹60,573.35 crore as on September 30, 2026, compared to ₹56,748.76 crore as on March 31, 2026. Net Interest Margin (NIM) was at 1.50% (annualised) for the quarter.

IRFC continued its unblemished track record of zero non-performing assets during the quarter, maintaining a clean loan book even as the firm scales up its diversified lending portfolio across railway-linked and allied infrastructure sectors.

IRFC dividend; check record date

The company's board of directors have announced an interim dividend of ₹1.15 per share of 10 each for FY27.

The record date for determining eligibility of shareholders for payment of the second interim dividend is Friday, October 23.

Manoj Kumar Dubey, Chairman and Managing Director of IRFC, said, "Q2 and H1 FY2026-27 have been n significant not just from a financial standpoint, but also from a governance and institutional strengthening perspective. Looking ahead, we are gearing up to meet the substantial financing requirements of newly sanctioned Dedicated Freight Corridors, High-Speed Rail Corridors, national port expansion and the renewable energy sector having PPAs with Indian Railways, following a Whole-Of-Government approach."

On future outlook, IRFC said that it is well-positioned to sustain the momentum in margins and profitability through the remainder of FY27, driven by its diversification strategy, with a growing pipeline of opportunities in metro rail, Dedicated Freight Corridors (DFC), Rapid Rail, High-Speed Rail, power, ports and renewable energy.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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