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Q4 Results: PSU Navratna firm’s net profit declines to Rs 1,682 crore; shares trade 2% lower

Q4 Results: PSU Navratna firm’s net profit declines to Rs 1,682 crore; shares trade 2% lower

IRFC Q4 Results: Recently upgraded to a Navratna PSU company, Indian Railway Finance Corp Ltd (IRFC) on Monday, April 28, announced its January–March quarter earnings.

The PSU company’s consolidated net profit declined to Rs 1,681 crore from Rs 1,717 crore on a year-on-year basis.

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Meanwhile, in terms of revenue, the company reported Rs 6,723 crore, up from Rs 6,475 crore a year ago.

The operational profit surged to Rs 6,678 crore from Rs 6,441 crore.

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The company’s margin remained flat at 99.3 per cent, compared to 99.5 per cent.

The company’s board has approved Rs 60,000 crore for FY26.

Stock performance

As of 2:20 pm, shares of the largecap PSU were trading lower by nearly 2 per cent at Rs 126.28 on NSE.

Doonited Affiliated: Syndicate News Hunt

This report has been published as part of an auto-generated syndicated wire feed. Except for the headline, the content has not been modified or edited by Doonited

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