Irfc business
Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking engaged in raising financial resources for expansion and running through capital markets and other borrowings. The Government of India owns a majority stake in the company, while the Ministry of Railways has the administrative control. WebNov 10, 2024 · Indian Railway Finance Corporation (IRFC) on Thursday reported a 14 per cent increase in its profit at Rs 1,714 crore in the second quarter ended September 30, 2024. The company, which is the dedicated market borrowing arm of the Indian Railways, had earned a profit of Rs 1,501 crore in the same quarter of previous year.
Irfc business
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WebWhat is the business model of IRFC? IRFC is a Schedule 'A' Public Sector Enterprise under the administrative control of the Ministry of Railways, Govt. of India. It is also registered …
WebDec 28, 2024 · In an interview to Twesh Mishra, IRFC’s Chairman and Managing Director Amitabh Banerjee says the company is keen on diversifying into non-railway projects that have a backward or a forward linkage with the Indian Railways. The dedicated market-borrowing arm of Indian Railways also aims to raise Rs 65,258 crores in the current … WebJan 19, 2024 · IRFC Ltd’s business IRFC is a state-run non-banking financial corporation dedicated to serving the Indian Railways and other entities falling under the ambit of the Ministry of Railways. It is involved in borrowing, lending, and leasing activities, all relating to the Indian Railways.
WebOct 18, 2024 · Though the company had been steadily growing before Banerjee joined, posting a profit of Rs 2,045 crore in 2024-18 and 2,254 crore in 2024-19, higher infrastructure financing requirements by the Railways … WebJan 29, 2024 · Indian Railway Finance Corporation, the subsidiary of Indian Railways, disappointed investors as shares listed at a four percent discount to issue price on January 29. The weak market conditions...
WebJan 24, 2024 · The basis of allotment for ₹4,634 crore initial public offering (IPO) of Indian Railway Finance Corporation (IRFC) will be announced Tomorrow (January 25).
WebIRFC also plans to diversify its business profile by lending outside IR; however this will form a small part of the total portfolio and advances will be to entities having linkages with IR. * Strong capitalisation and asset quality. Gearing stood at 7.86 times as on December 31, 2024 (7.74 times as on March 31, 2024), and may remain around 10 ... datediff data studioWeb2 days ago · IRFC Share Price, IRFC Stock Price, Indian Railway Finance Corporation Ltd. Stock Price, Share Price, Live BSE/NSE, Indian Railway Finance Corporation Ltd. Bids … mason clark time magazineWebJan 16, 2024 · The IPO of Indian Railway Finance Corporation (IRFC), a public sector enterprise and the dedicated market borrowing arm for the Indian Railways, appears … datediff current_dateWebNov 29, 2024 · Indian Railway Finance Corporation (IRFC) is the dedicated funding arm of Indian Railways. The company was set up in December 1986 for mobilizing funds from … datediff datediffWebSep 29, 2024 · Agencies. New Delhi: Indian Railway Finance Corporation ( IRFC) on Wednesday reported a 38.34 per cent jump in its net profit to an all-time high of Rs 4,416.13 crore for the last financial year 2024-21. The company has posted a net profit of Rs 3,192.09 crore in the financial year 2024-20. While addressing the 34th Annual General Meeting, … mason city ziegler catWebJan 13, 2024 · Business News: New Delhi, Jan 13 The initial public offering (IPO) of Indian Railway Finance Corporation (IRFC) worth about Rs 4,600 crore will hit the market on datediff dateaddWebWebsite. irfc .co .in. Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking [4] engaged in raising financial resources for expansion and running through capital markets and other borrowings. [5] The Government of India owns a majority stake in the company, while the Ministry of Railways has the administrative control. datediff datedif 違い