IRFC to pay 2nd interim dividend of INR 1.05/shr; to raise INR 700 bln FY27
This story was originally published at 14:36 IST on 9 March 2026
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--IRFC to pay INR 1.05 per share interim dividend, record date Fri
--IRFC to raise up to INR 700 bln to meet Indian Railways fund needs, others
MUMBAI – The board of Indian Railway Finance Corp. Ltd. Monday approved a second interim dividend of INR 1.05 per share for the financial year 2025-26 (Apr-Mar). The company has set Friday as the record date for determining the eligibility of shareholders for the bonus, it said in an exchange filing.
The board also approved a market borrowing programme of up to INR 700 billion for FY27, the company said. For the December quarter, the company had reported a net profit of INR 18.02 billion on a revenue of INR 66.61 billion. At 1357 IST, shares of IRFC were down over 3% at INR 96.48 on the National Stock Exchange. End
Reported by Shumaila Firoz
Edited by Rajeev Pai
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