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Informist, Thursday, Oct. 16, 2025

 

--IRFC: Disbursed INR 70 bln till end-Q2 out of INR 300 bln FY26 target 

--CONTEXT: IRFC management's comments at post-earnings analyst concall 

--IRFC: Expect upward trend in assets, PAT in FY27, FY28 

 

By Shubham Rana and Krity Ambey

 

NEW DELHI - The Indian Railway Finance Corp. Ltd. expects to disburse loans worth INR 100 billion to INR 150 billion in the December quarter, the company's Chairman and Managing Director Manoj Kumar Dubey said Thursday. IRFC has already disbursed loans worth INR 70 billion in the first two quarters of 2025-26 (Apr-Mar) out of the full year target of INR 300 billion, Dubey said.

 

"Whatever rest (of the target) is there, we are very confident we will be doing it in the fourth quarter (of FY26)," Dubey said at a post-earnings conference call with analysts. "The 30,000 crore (INR 300 billion) guidance is pretty much intact."

 

IRFC Wednesday reported a net profit of INR 17.77 billion for the September quarter, up 10% on year. At 1154 IST, shares of the company were trading 0.3% lower at INR 124.59 on the National Stock Exchange.

 

IRFC expects an upward trend in its assets under management and net profit over the next two years, Dubey said. Assets under management rose to INR 4.62 trillion by September end from INR 4.60 trillion a quarter ago. The company's management had in July said the AUM can rise above INR 5 trillion in FY27.

 

The company will also expand its lending operations to sectors such as renewable energy, logistics, ports, and metro railways going ahead, Dubey added. IRFC is "flooded" with business requests from across India, Dubey said, so much so that the company may have to "cherrypick" requests even from within the government.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Vandana Hingorani

 

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