Indian Railway Finance Corporation Limited (NSE:IRFC)

NSE:IRFC Income Statement

Financials in millions INR. Fiscal year is January - December.

Fiscal Year	FY 2026	FY 2025	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Mar 31, 2025	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023
Interest and Dividend Income	86,072	77,204	78,919	88,246	75,478
Total Interest Expense	194,605	204,783	202,097	200,878	174,278
Net Interest Income	-108,533	-127,579	-123,178	-112,631	-98,800
Other Revenue	181,258	194,358	190,028	178,313	162,149
Revenue Before Loan Losses	72,725	66,778	66,850	65,682	63,349
Provision for Loan Losses	726.4	6.8	-22.02	-39.3	-29.09
Revenue	71,999	66,772	66,872	65,721	63,378
Revenue Growth (YoY)	7.83%	-0.15%	1.75%	3.70%	1.52%
Salaries & Employee Benefits	189	135.1	117.55	111.7	130.99
Cost of Services Provided	71.1	50.4	152.27	52.4	38.71
Other Operating Expenses	1,619	1,515	1,329	1,341	1,396
Total Operating Expenses	1,933	1,754	1,656	1,600	1,707
Operating Income	70,065	65,018	65,216	64,121	61,672
Currency Exchange Gain (Loss)	2.4	2.4	0.1	0.1	0.1
EBT Excluding Unusual Items	70,068	65,020	65,216	64,122	61,672
Pretax Income	70,067	65,020	65,216	64,121	61,672
Net Income	70,067	65,020	65,216	64,121	61,672
Net Income to Common	70,067	65,020	65,216	64,121	61,672
Net Income Growth	7.76%	-0.30%	1.71%	3.97%	1.27%
Shares Outstanding (Basic)	13,083	13,069	13,063	13,069	13,069
Shares Outstanding (Diluted)	13,083	13,069	13,063	13,069	13,069
Shares Change (YoY)	0.11%	0.04%	-0.04%	-	-
EPS (Basic)	5.36	4.98	4.99	4.91	4.72
EPS (Diluted)	5.36	4.98	4.99	4.91	4.72
EPS Growth	7.64%	-0.34%	1.75%	3.97%	1.27%
Free Cash Flow	-100,152	82,288	64,065	79,058	-285,891
Free Cash Flow Per Share	-7.66	6.30	4.90	6.05	-21.88
Dividend Per Share	1.050	1.600	-	1.500	1.500
Dividend Growth	-34.38%	-	-	-	7.14%
Operating Margin	97.31%	97.37%	97.52%	97.57%	97.31%
Profit Margin	97.32%	97.38%	97.52%	97.57%	97.31%
Free Cash Flow Margin	-139.10%	123.24%	95.80%	120.29%	-451.09%
Revenue as Reported	267,332	271,564	268,947	266,559	237,628

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.