Home / Business and Economy / IRFC Q2 Profit Up 10%, Announces Record Dividend Payout
IRFC Q2 Profit Up 10%, Announces Record Dividend Payout
15 Oct
Summary
- IRFC's net profit rose 10% to ₹1,958 crore in Q2FY27.
- The company announced its highest ever interim dividend of ₹1.15 per share.
- IRFC share price has declined approximately 36.70% over the past year.
Indian Railways Financial Corporation (IRFC) announced its financial results for the second quarter of fiscal year 2027, revealing a 10% rise in net profit compared to the same period in the previous year. The profit for the quarter ending September 2026 reached ₹1,958.48 crore, up from ₹1,776.98 crore in the prior year.
In addition to its profit growth, IRFC's board approved an interim dividend of ₹1.15 per equity share, marking the highest dividend payout in the company's history. The record date for determining eligible shareholders for this dividend has been set for Friday, October 23, 2026. Shareholders will receive their dividend within 30 days of its declaration.
Despite these positive financial outcomes, the company's stock performance has been under pressure. IRFC shares closed at ₹79 on Thursday, reflecting an 11% decrease over three months and a 36.70% decline over the past year. The stock has experienced intraday fluctuations, trading between ₹78.56 and ₹80.21.
