IRFC Q1 FY27 results at a glance
INDIAN RAILWAY FIN CORP L Q1 FY27 key results metrics| Quarter | Q1 FY27 |
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| Quarter ended | 30 Jun 2026 |
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| Revenue | ₹8,242 cr |
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| Revenue YoY | +19.4% |
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| Operating profit | ₹1,796 cr |
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| Operating margin | 21.8% |
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| Net profit | ₹1,927 cr |
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| Net profit YoY | +10.4% |
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| Net profit QoQ | +14.4% |
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| Net margin | 23.4% |
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| Basic EPS | ₹1.47 |
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| TTM revenue | ₹29,136 cr |
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| TTM net profit | ₹7,159 cr |
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| TTM net margin | 24.6% |
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IRFC Q1 FY27 results: what the numbers say
INDIAN RAILWAY FIN CORP L (IRFC) has reported its Q1 FY27 results for the quarter ended 2026-06-30. The company posted revenue of ₹8,242 cr and a net profit of ₹1,927 cr, translating into earnings per share of ₹1.47.
Compared with the same quarter a year earlier, revenue grew by +19.4% and net profit grew by +10.4%. Profit trailing revenue growth suggests costs, interest or tax absorbed part of the topline gain.
Operating profit for the quarter stood at ₹1,796 cr, an operating margin of 21.8% versus 25.3% a year ago — a contraction of 3.5 percentage points.
IRFC quarter-wise results table
Revenue
₹8,242 cr
+19.4% YoY
Net profit
₹1,927 cr
+10.4% YoY
Operating profit
₹1,796 cr
+3.0% YoY
INDIAN RAILWAY FIN CORP L (IRFC) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q1 FY272026-06-30 | ₹8,242 cr | ₹1,796 cr | ₹1,927 cr | 21.8% | 23.4% | ₹1.47 | +10.4% | +14.4% |
| Q4 FY262026-03-31 | ₹7,336 cr | ₹1,746 cr | ₹1,684 cr | 23.8% | 23.0% | ₹1.29 | +0.1% | -6.5% |
| Q3 FY262025-12-31 | ₹6,657 cr | ₹1,803 cr | ₹1,802 cr | 27.1% | 27.1% | ₹1.38 | — | +3.2% |
| Q1 FY262025-06-30 | ₹6,901 cr | ₹1,743 cr | ₹1,746 cr | 25.3% | 25.3% | ₹1.34 | — | +3.8% |
| Q4 FY252025-03-31 | ₹6,719 cr | ₹1,684 cr | ₹1,682 cr | 25.1% | 25.0% | ₹1.29 | — | — |
| TTM (last 4 quarters) | ₹29,136 cr | ₹7,088 cr | ₹7,159 cr | 24.3% | 24.6% | ₹5.48 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
IRFC quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
INDIAN RAILWAY FIN CORP L quarterly income statement| Particulars | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q1 FY262025-06-30 | Q4 FY252025-03-31 |
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| Revenue / Sales | ₹8,242 cr | ₹7,336 cr | ₹6,657 cr | ₹6,901 cr | ₹6,719 cr |
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| Total expenses | ₹6,446 cr | ₹5,590 cr | ₹4,854 cr | ₹5,158 cr | ₹5,034 cr |
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| Gross profit | ₹1,816 cr | ₹1,805 cr | ₹1,840 cr | ₹1,773 cr | ₹1,718 cr |
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| Operating profit (EBIT) | ₹1,796 cr | ₹1,746 cr | ₹1,803 cr | ₹1,743 cr | ₹1,684 cr |
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| Operating margin | 21.8% | 23.8% | 27.1% | 25.3% | 25.1% |
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| Profit before tax | ₹1,927 cr | ₹1,684 cr | ₹1,802 cr | ₹1,746 cr | ₹1,682 cr |
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| Tax expense | ₹0 cr | ₹0 cr | ₹0 cr | ₹0 cr | ₹0 cr |
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| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
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| Net profit (PAT) | ₹1,927 cr | ₹1,684 cr | ₹1,802 cr | ₹1,746 cr | ₹1,682 cr |
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| Net profit margin | 23.4% | 23.0% | 27.1% | 25.3% | 25.0% |
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| Basic EPS | ₹1.47 | ₹1.29 | ₹1.38 | ₹1.34 | ₹1.29 |
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| Diluted EPS | ₹1.47 | ₹1.29 | ₹1.38 | ₹1.34 | ₹1.29 |
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IRFC results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q1 FY26 | Q4 FY25 |
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| Revenue YoY | +19.4% | +9.2% | — | — | — |
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| Revenue QoQ | +12.4% | +10.2% | -3.5% | +2.7% | — |
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| Operating profit YoY | +3.0% | +3.7% | — | — | — |
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| Operating profit QoQ | +2.8% | -3.2% | +3.5% | +3.5% | — |
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| Net profit YoY | +10.4% | +0.1% | — | — | — |
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| Net profit QoQ | +14.4% | -6.5% | +3.2% | +3.8% | — |
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| EPS YoY | +9.7% | 0.0% | — | — | — |
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| EPS QoQ | +14.0% | -6.5% | +3.0% | +3.9% | — |
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IRFC annual results history
Full-year performance for INDIAN RAILWAY FIN CORP L, useful for reading each quarter in context.
INDIAN RAILWAY FIN CORP L annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
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| Revenue / Sales | ₹27,075 cr | ₹27,060 cr | ₹26,530 cr | ₹23,651 cr |
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| Total expenses | ₹9,521 cr | ₹12,606 cr | ₹14,467 cr | ₹12,462 cr |
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| Gross profit | ₹17,720 cr | ₹14,597 cr | ₹12,201 cr | ₹11,326 cr |
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| Operating profit (EBIT) | ₹17,555 cr | ₹14,454 cr | ₹12,064 cr | ₹11,186 cr |
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| Operating margin | 64.8% | 53.4% | 45.5% | 47.3% |
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| Interest cost | ₹10,613 cr | ₹7,991 cr | ₹5,723 cr | ₹5,114 cr |
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| Profit before tax | ₹7,009 cr | ₹6,502 cr | ₹6,412 cr | ₹6,167 cr |
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| Tax expense | ₹0 cr | ₹0 cr | ₹0 cr | ₹0 cr |
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| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% |
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| Net profit (PAT) | ₹7,009 cr | ₹6,502 cr | ₹6,412 cr | ₹6,167 cr |
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| Net profit margin | 25.9% | 24.0% | 24.2% | 26.1% |
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| Basic EPS | ₹5.36 | ₹4.98 | ₹4.91 | ₹4.72 |
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| Diluted EPS | ₹5.36 | ₹4.98 | ₹4.91 | ₹4.72 |
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Revenue trend and demand read-through
Topline for Q1 FY27 came in at ₹8,242 cr against ₹6,901 cr in Q1 FY26, and ₹7,336 cr in the preceding Q4 FY26 quarter.
On a sequential basis revenue grew +12.4%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹6,446 cr, or 78.2% of revenue, with operating profit grew +3.0% year on year.
Margins, tax and profitability
Net profit of ₹1,927 cr works out to a net margin of 23.4% compared with 25.3% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.
Below the operating line, INDIAN RAILWAY FIN CORP L reported profit before tax of ₹1,927 cr, a tax charge of ₹0 cr (effective rate 0.0%). Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹1,684 cr in Q4 FY26 to ₹1,927 cr in Q1 FY27, a change of +14.4%.
Trailing twelve months and annual context
Across the trailing four quarters INDIAN RAILWAY FIN CORP L has generated revenue of ₹29,136 cr and net profit of ₹7,159 cr, a trailing net margin of 24.6%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹27,075 cr with net profit of ₹7,009 cr and EPS of ₹5.36, versus the prior year where revenue grew +0.1% and profit grew +7.8%.
What to watch in the next IRFC quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend and whether EPS keeps pace with profit growth. A sustained run of year-on-year profit growth is what usually drives a re-rating rather than any single quarter.
INDIAN RAILWAY FIN CORP L has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
IRFC results coverage
IRFC quarterly results FAQs
What were INDIAN RAILWAY FIN CORP L (IRFC) Q1 FY27 results?
In Q1 FY27 (quarter ended 30 Jun 2026), INDIAN RAILWAY FIN CORP L reported revenue of ₹8,242 cr and net profit of ₹1,927 cr, a change of +10.4% year on year on +19.4% revenue growth. EPS stood at ₹1.47.
What is IRFC profit margin in Q1 FY27?
INDIAN RAILWAY FIN CORP L posted a net profit margin of 23.4% and an operating margin of 21.8% in Q1 FY27. On a trailing twelve-month basis, revenue is ₹29,136 cr and net profit ₹7,159 cr.
Did IRFC results beat the previous quarter?
INDIAN RAILWAY FIN CORP L net profit changed +14.4% quarter on quarter, from ₹1,684 cr in Q4 FY26 to ₹1,927 cr in Q1 FY27.
When are INDIAN RAILWAY FIN CORP L (IRFC) quarterly results?
INDIAN RAILWAY FIN CORP L has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see IRFC latest quarterly results?
Our latest IRFC results coverage — "IRFC Q1 Results FY27: Reports Highest-Ever Revenue, Profit & Net Worth; Maintains Zero NPA" — breaks down revenue, profit, margins and management commentary.
What is INDIAN RAILWAY FIN CORP L annual revenue and profit?
For FY26, INDIAN RAILWAY FIN CORP L reported full-year revenue of ₹27,075 cr and net profit of ₹7,009 cr, with EPS of ₹5.36.
How many quarterly results has IRFC declared recently?
Past results dates for IRFC will be listed here from the exchange calendar.
Results dates sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 12 Sept 2026. For information only, not investment advice.
