IRFC Q2 FY27 Results: Profit Rises 10.2% To ₹1,958 Crore As Board Declares Record ₹1.15 Interim Dividend Per Share
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Indian Railway Finance Corporation reported a 10.2% year-on-year rise in Q2 FY27 profit after tax to ₹1,958.48 crore and declared a record interim dividend of ₹1.15 per share.
Indian Railway Finance Corporation Limited (IRFC) reported standalone profit after tax (PAT) of ₹1,958.48 crore for Q2 FY27, up 10.2% from ₹1,776.98 crore in the corresponding quarter last year. Total income increased to ₹7,924.46 crore from ₹6,371.91 crore, while profit before tax rose to ₹1,958.48 crore from ₹1,776.98 crore.
The board declared an interim dividend of ₹1.15 per equity share of ₹10 face value for FY27, the highest amount payable in a single tranche according to the company. The record date is 23 October 2026, and payment is due within 30 days of declaration.
The IRFC share price fell 1.07% to close at ₹78.90 on 15 October 2026 on the National Stock Exchange (NSE).
IRFC H1 FY27 Results: Consolidated Financial Highlights
For the half year ended 30 September 2026, total income rose 22.8% to ₹16,315.80 crore from ₹13,290.15 crore. PAT increased 10.3% to ₹3,885.69 crore from ₹3,522.67 crore, marking the company’s highest-ever half-year profit.
Net worth reached a record ₹60,573.35 crore as of 30 September 2026, compared with ₹56,748.76 crore at the end of March 2026. Net interest margin stood at 1.50% on an annualised basis for the September quarter.
IRFC also maintained its record of zero non-performing assets (NPAs), indicating that its loan book remained free of reported NPAs during the quarter.
What Are IRFC’s Growth Priorities?
Chairman and Managing Director Manoj Kumar Dubey said railway-linked diversification beyond Indian Railways was supporting margins, profitability and net interest margin. He also highlighted stronger corporate governance, workforce development and improved financial reporting.
The company is preparing to finance requirements arising from newly sanctioned Dedicated Freight Corridors, high-speed rail corridors, national port expansion and renewable energy projects with Indian Railways. Its broader financing pipeline also includes metro rail, rapid rail, ports and power infrastructure.
The board additionally approved a policy for transition to the NBFC Upper Layer regulatory framework.
Also Read - HDFC Life H1 FY27 Results: Profit Rises 13% To ₹1,119 Crore As Value Of New Business Grows 12% Year-On-Year
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Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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