New Delhi, July 23 -- IRFC share price jumped nearly 4% in early trade on Wednesday after the PSU railway company reported its Q1 results. IRFC share price rallied as much as 3.89% to Rs.135.90 apiece on the BSE.
The state-owned Indian Railway Finance Corporation (IRFC) a net profit of Rs.1,745.69 crore in the first quarter of FY26, registering a growth of 10.7% from Rs.1,576.83 crore in the same quarter previous year.
The railway PSU's revenue from core operations in Q1FY26 increased 2.2% to Rs.6,915 crore from Rs.6,765 crore, year-on-year (YoY). Interest income fell more than 17% to Rs.1,497 crore from Rs.1,819 crore, YoY. However, income from leasing operations rose 9.2% YoY to Rs.5.043 crore.
Net interest margin improved to 1.53% (...
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