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IRFC Q1 Results: Net profit falls 6.3% on year to ₹1,556.6 crore
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Indian Railway Finance Corporation Ltd (IRFC) on Friday reported an 6.3% year-on-year fall in its net profit for the fiscal's first quarter ended June (Q1FY24) to ₹1,556.6 crore. The company had reported a profit of ₹1,661.6 crore in the year-ago period.
Sequentially, net profit was up 17.2% from ₹1,327.7 crore in Q4FY23. IRFC share price today closed 1.11% lower at ₹48.86 apiece on BSE.
The company's total revenue from operations climbed 18.7% on year to ₹6,679.2 crores during the quarter ended June from ₹5,627.4 crore in Q1FY23. Total income rose to ₹6,681.0 crore in the first quarter.
It stood at ₹5,627.5 crore in the year-ago period. (more to come)
. Read more on livemint.comAbout this in other media
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SAIL Q1 Results: Net profit slumps 74% on year to ₹212.48 crore livemint.com /1 year ago
Sanofi India Q2 results: Net profit rises 2.5% to ₹123 crore livemint.com /1 year ago
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