Indian Railway Finance Corporation (IRFC), the state-run railway infrastructure financier, reported a 10% year-on-year (YoY) jump in net profit to ₹1,745 crore for Q1 FY26, compared to ₹1,577 crore in the same quarter last year. The growth was largely driven by a 9.2% rise in leasing income, which touched ₹5,404 crore.
Total revenue rose 2.2% YoY to ₹6,915 crore despite a 17% drop in interest income to ₹1,497 crore. IRFC continues to benefit from its efficient cost structure, strong margins, and low credit risk profile.
Ahead of the results, IRFC shares closed 2.68% lower at ₹130.80. While the stock is down 13% year-to-date, it has delivered a remarkable 427% return over the last five years. The company’s market cap currently stands at over ₹1.70 lakh crore.
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