IRFC Q1 results: Net profit rises 1.64% to ₹1,576.83 crore

Business: IRFC Q1 Results- Indian Railway Finance Corporation (IRFC) announced a 1.64 per cent rise in net profit for the April to June quarter of the financial year 2024-25 to ₹1,576.83 crore as against ₹1,551.27 crore in the corresponding quarter of the previous year, the company filed with the Bombay Stock Exchange (BSE) on Monday, August 11. The public sector non-banking financial company (NBFC) reported a 1.37 per cent rise in revenue from operations for the first quarter of the financial year 2024-25 as against ₹6,673.87 crore in the corresponding period of the previous year. Shares of IRFC closed 2.64 per cent higher at Rs 184.55 after Monday’s trading session, as against the close of Rs 179.80 on the previous day. The company announced its first quarter results after the market opened.