IRFC Reports 11% Profit Growth in Q3 FY26 Amid Slight Revenue Decline

Indian Railway Finance Corporation (IRFC) reported a net profit of approximately Rs 1,802 crore for Q3 FY26, marking an 11% year-on-year increase despite a slight 1.5% decline in revenue to around Rs 6,660 crore. The marginal revenue dip was attributed to a one-year extension of a moratorium on a railway project lease, affecting income recognition. IRFC achieved its full-year loan sanction target of Rs 60,000 crore within nine months, with assets under management reaching a record Rs 4.75 lakh crore, supported by improved margins and disciplined cost management.