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IRFC Q3 Results: Date, Time, Earnings Schedule, Share Price History And More

Shares of Indian Railway Finance Corp. saw a spike on Friday after the company announced on exchanges that it has been rated "excellent" by the Department of Public Enterprises for FY 2023-24.

<div class="paragraphs"><p>Indian Railway Finance Corporation Ltd. is set to announce its October-December (Q3) results next week. (Photo source: NDTV Profit)</p></div>
Indian Railway Finance Corporation Ltd. is set to announce its October-December (Q3) results next week. (Photo source: NDTV Profit)

Indian Railway Finance Corporation Ltd. is set to announce its October-December quarter results today. The financing arm of the Ministry of Railways has a market cap of over Rs 1.86 lakh crore. The public sector undertaking raises money from the debt capital markets to part-finance the plan outlay of the Indian Railways.

Here is everything you need to know about IRFC Q3 results.

IRFC Q3 Results: Date And Time

IRFC in a stock exchange filing has informed that it will declare the financial results for the quarter and nine months ended Dec. 31, 2024, on Monday, Jan. 20.

"This is to inform that meeting of the Board of Directors of the Company is scheduled to be held on Monday, 20th January 2025, inter-alia, to consider and approve the Unaudited Financial Results of the Company, and other financial statements namely cash flow statement for the quarter and nine months ended 31st December 2024," IRFC said in the filing.

IRFC will also hold a post-results conference call with its management team on Jan. 21 at 11:30 a.m. The company's Chairman and Managing Director & Chief Executive Officer Manoj Kumar Dubey, Director of Finance Shelly Verma, and General Manager (Finance) and Chief Financial Officer Sunil Kumar Goel will address investors and analysts during this call.

IRFC Share Price History

Shares of IRFC Ltd. have declined by 0.71% in the last month. Over the past year, the stock price has dropped over 8.5%. On Monday at 1:27 p.m., the stock was trading 0.86% higher at Rs 147.44 per share on the NSE.

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IRFC Q2 Performance

IRFC reported a 4.4% year-on-year increase in net profit for the second quarter of the current financial year. The company posted a profit of Rs 1,613 crore for the quarter ending September, up from Rs 1,545 crore in the same period last year. The company's income grew by 2% YoY to Rs 6,900 crore during the July–September period, up from Rs 6,762 crore in the previous year. IRFC also declared an interim dividend of Rs 0.80 per equity share of Rs 10 each for the fiscal year.

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