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PremiumIRFC Q1 Results highlights: The profit after tax (PAT) of the government-owned railway company increased by 1.6 percent to ₹1,577 crore in the first quarter of the financial year 2025, up from ₹1,551 crore in the same period last year. During this period, IRFC's revenue from operations also saw a 1.4 percent rise, reaching ₹6,766 crore compared to ₹6,674 crore in the previous year.
The railway PSU's total comprehensive income for the quarter, which includes profit after tax and other comprehensive income after tax, stood at ₹1,589 crore, slightly up from ₹1,581 crore in the corresponding quarter of the previous year.
IRFC Q1 Results live updates: On Quarter-over-quarter basis, the profit after tax (PAT) decreased by 8%, falling from ₹1,717 crore in Q4FY24. However, revenue saw a 4.5% increase, rising from ₹6,473 crore in Q4FY24.
IRFC Q1 Results live updates: The company's debt-to-equity ratio decreased to 8.08% in the reported quarter, compared to 8.38% in Q4FY24 and 8.87% in Q1FY24.
IRFC Q1 Results live updates: The railway PSU's expenses rose to ₹5,189 crore in the April-June quarter of the current financial year, up from ₹5,124 crore. This represents a 1.3% increase compared to the same period last year.
IRFC Q1 Results live updates: PSU railway company reported 1.37 per cent jump in its revenue for the June quarter to ₹6,756 crore, as compared to ₹6,673 crore same period a year ago.
IRFC Q1 Results live updates: IRFC on Monday posted 1.64 per cent rise in its net profit to ₹1,576 crore for the June quarter.
IRFC Q1 Results live updates: IRFC stock closed 2.34 per cent higher ahead of Q1 result announcement.
IRFC Q1 Results live updates: The shares of IRFC is currently trading 3.62 per cent higher at ₹186.30 on Monday's trading session ahead of first quarter result announcement.
IRFC Q1 Results Live: For fresh investors interested in IRFC shares, Sumeet Bagadia, Executive Director at Choice Broking said, “fresh investors can buy IRFC shares at current market price and maintain buy-on-dips strategy till the stock is above ₹170 mark. Fresh investors are advised to maintain the strict stop loss at ₹170 for the medium-term target of ₹225 apiece."
IRFC Q1 Results Live: On the outlook for IRFC share price, Sumeet Bagadia, Executive Director at Choice Broking, said, “IRFC share price today has crucial and strong support placed at ₹170 to ₹175 apiece. So, IRFC shareholders are advised to hold the scrip, maintaining a stop loss at ₹170 for the immediate target of ₹200. On breaching above ₹200, IRFC share price may touch ₹225 soon."
IRFC Q1 Results Live: On August 5, 2024, Indian railway stocks experienced a significant downturn influenced by global trends and the recent Union Budget 2024-2025, which offered minimal emphasis on the railway sector. IRFC, Ircon International Ltd, IRCTC and Jupiter Wagons Ltd, opened significantly lower. IRFC went down by 4.06 per cent to ₹184.50 as BSE Sensex fell below the 80,000 mark and Nifty50 hovered near 24,300
IRFC Q1 Results Live: The Cabinet Committee on Economic Affairs on August 9 approved eight new railway projects, thus keeping the focus on railway stocks on market open today (August 12).
The approved railway projects worth ₹24,657 crore will cover 14 districts of seven Indian states, as per Union Railways Minister Ashwini Vaishnav.
Stock market experts are thus expecting a “big boost" for railway PSU stocks as these companies will likely rake in the business from the new rail infra projects announced last week.
IRFC Q1 Results Live: Seema Srivastava, Senior Equity Research Analyst at SMC Global Securities, said, “IRFC is expected to deliver a weak set of numbers like any other state-owned company. However, this won't be because of the weakness in the fundamentals of the Indian railway PSU. Most PSU companies have delivered weak numbers during the April to June 2024 quarter due to the policy paralysing the Lok Sabha elections."
“As the Modi 3.0 government has taken charge in New Delhi and is expected to implement their rail infrastructure-oriented projects in full swing, we expect improved quarterly numbers from IRFC in upcoming quarters," Srivastava said.
IRFC Q1 Results Live: Indian Railway Finance Corporation's (IRFC) shares saw strong buying during deals on August 12 (Monday) ahead of its Q1FY25 earnings report today.
IRFC opened with an upside gap at ₹180/share on the NSE and touched an intraday high of ₹186.50 apiece, logging a 4 per cent intraday gain in the stock market today.
IRFC Q1 Results Live: The market cap of IRFC has rose by ₹1,15,388 crore to ₹2,45,988 crore, while RVNL added ₹64,549 crore, reaching a market cap of ₹1,02,384 crore. Ircon saw a rise of ₹12,758 crore, bringing the market cap to ₹28,944 crore.
IRCTC's market cap rose by ₹10,736 crore to ₹82,096 crore, and RailTel Corporation of India increased by ₹5,772 crore to ₹16,680 crore. So far the collective market capitalisation of these five railway PSUs has surged by ₹2,09,203 crore in 2024.
Till July 8, due to this optimistic backdrop, shares of Rail Vikas Nigam, Ircon International, RailTel Corporation of India, and Indian Railway Finance Corporation surged by up 38% since a day before Lok Sabha election results were announced.
IRFC Q1 Results Live: In the previous quarter (Q4 FY 24), the company posted a 33.6 per cent rise in its net profit to ₹1,717 crore on an year on year basis from ₹1,285 crore in the same quarter previous year.
The total revenue from operations for the March quarter also rose by 1.73 per cent to ₹6,473 crore from ₹6,193 crore in the same quarter previous year. IRFC also announced a final dividend of ₹0.70 per equity share of ₹10 for the financial year 2023-24.
IRFC Q1 Results Live: In the same quarter previous year (Q1 FY24), IRFC reported 6.3% year-on-year dip in its net profit at ₹1,556.6 crore. The company had previously a profit of ₹1,661.6 crore in Q1 FY 23. Sequentially, net profit was up 17.2% from ₹1,327.7 crore in Q4FY23.
The company's total revenue from operations climbed by 18.7% to ₹6,679.2 crores on an year on year basis from ₹5,627.4 crore in Q1FY23. Total income rose to ₹6,681.0 crore from ₹5,627.5 crore.
IRFC Q1 Results Live: “After the eight new railway projects are announced, IRFC is expected to emerge as a major beneficiary company as it provides credit lines to project-winning railway companies. Apart from IRFC, Rail Vikas Nigam Limited (RVNL), IRCTC, and Railtel would benefit from these fresh railway projects," Mint on August 10 quoted Seema Srivastava , Senior Equity Research Analyst at SMC Global Securities.
On the reason why IRFC share price may show a strong buying interest, Avinash Gorakshkar, Head of Research at Profitmart Securities said, “IRFC would be the biggest beneficiary company of these fresh railway projects as it caters to around 40-45 percent of Indian railways's Capex funding."
IRFC Q1 Results Live: Government investment is expected to boost the operations of railway PSUs, as Mint reported on August 10. Therefore is expected that in the medium to long term quarterly numbers of the state-owned railway companies in upcoming quarters may improve.
Seema Srivastava, Senior Equity Research Analyst at SMC Global Securities, said, “Due to policy paralysis, PSU stocks, including railway PSUs, received a beating after the below estimated Q1 results 2024. Now, state-owned companies are expected to operate in full swing, and this new railway project announcement is a glaring example of this."
