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IRFC logs 15% rise in net profit for October-December
Indian Railway Finance Corporation Ltd (IRFC) has reported a growth of 15.4 per cent at Rs 1,046.74 crore for the quarter ended December. During the same period of the last fiscal, the company had reported a net profit of Rs 907.04 crore. Its total revenue from operations rose 8 per cent to Rs 3,932.38 crore during the quarter under review, showed a regulatory filing.
Its net profit for the April-December period rose by 15.65 per cent to Rs 2,934 crore. The company had reported a net profit of Rs 2,537 crore for the corresponding nine months in the previous fiscal.
Fund managers were seen subscribing to shares worth Rs 927 crore in the IRFC IPO. They bought Rs 143 crore worth of shares in Indigo Paints, Rs 117.82 crore in Home First Finance IPO and Rs 50 crore in the Stove Kraft offering.
Indian Railway Finance Corporation Ltd (IRFC) has reported a growth of 15.4 per cent at Rs 1,046.74 crore for the quarter ended December.During the same period of the last fiscal, the company had reported a net profit of Rs 907.04 crore.Its .
IRFC Q3FY21 PAT higher at Rs. 1046.74 crore
Posted On: 2021-02-13 04:55:21 (Time Zone: Arizona, USA)
Indian Railway Finance Corporation Ltd (IRFC) has reported financial results for the period ended December 31, 2020.
Financial Results (Q3 FY20-21) - QoQ Comparison
The company has reported total income of Rs.3932.46 crores during the period ended December 31, 2020 as compared to Rs.3714.16 crores during the period ended September 30, 2020.
The company has posted net profit / (loss) of Rs.1046.74 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.995.03 crores for the period ended September 30, 2020.
The company has reported EPS of Rs.0.80 for the period ended December 31, 2020 as compared to Rs.0.76 for the period ended September 30, 2020.