Indian Railway Finance Corporation (IRFC) has released its audited financial results for the quarter and fiscal year ended March 31, 2026. The board meeting, conducted on May 14, 2026, concluded with the approval of the company’s highest-ever annual profit after tax, alongside a significant expansion in its total asset base.

The company reported a total revenue from operations of ₹7,335.75 Crore for the quarter ended March 31, 2026. This represents a 10.13% increase from ₹6,661.13 Crore in the preceding quarter (QoQ) and a 9.12% growth from ₹6,722.83 Crore in the same quarter of the previous year (YoY). Net profit for the quarter stood at ₹1,684.31 Crore, which is a decrease of 6.54% compared to ₹1,802.19 Crore in the previous quarter, but reflects a marginal increase of 0.15% from ₹1,681.87 Crore in the corresponding quarter last year.

Indian Railway Finance Corporation Limited is a Schedule ‘A’ Miniratna Public Sector Enterprise under the Ministry of Railways, Government of India. The company acts as the dedicated market borrowing arm of the Indian Railways, primarily engaged in leasing and financing rolling stock assets and railway infrastructure projects. Throughout 2025 and early 2026, IRFC continued to play a pivotal role in funding the expansion of India’s rail network, reaching a landmark milestone as its total assets crossed ₹5 lakh crore for the first time. The company maintains a robust financial profile with near-zero Non-Performing Assets (NPAs) and a dominant market position in railway-linked infrastructure financing. As of March 31, 2026, the Government of India remains the primary stakeholder, holding an 84.65% equity stake in the corporation.