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IRFC October December net profit rise 15 percent Indian Railway Finance Corporation Ltd


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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. ....

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Market Borrowing Arm Of Indian Railways Sees Profit Rise By Nearly 16 Per Cent To Rs 2934 crore


Market Borrowing Arm Of Indian Railways Sees Profit Rise By Nearly 16 Per Cent To Rs 2934 crore
by Arun Kumar Das - Feb 15, 2021 04:54 AM
Train passing by (Flickr)
Snapshot
The company has been able to raise funds at the most competitive rates and terms both from the domestic and overseas financial markets which has helped to keep its cost of borrowing low.
Indian Railway Finance Corporation Limited, the dedicated market borrowing arm of the Indian Railways, has posted profit growth of 15.65 per cent to Rs 2934 crore for the quarter ended 31 December, 2020.
The company has reported a net profit of Rs 2,537 crore for the corresponding nine months in the previous year. ....

Amitabh Banerjee , Indian Railways , Managing Director Amitabh Banerjee , Indian Rail System , Non Performing Assets , Capital Adequacy Ratio , Indian Railway Finance Corporation Limited , அமிதாப் பானர்ஜி , இந்தியன் ரயில்வே , நிர்வகித்தல் இயக்குனர் அமிதாப் பானர்ஜி , இந்தியன் ரயில் அமைப்பு , அல்லாத நிகழ்த்துகிறது சொத்துக்கள் , இந்தியன் ரயில்வே நிதி நிறுவனம் வரையறுக்கப்பட்டவை ,