Indian Railway Finance Corporation Ltd
IRFC Q2 FY27 Profit Rs. 1,958.48 Crore, up 10.22% YoY; Interim Dividend Declared
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 15 Oct 2026, 03:54 PM IST · BSE ID: c75170eb-e5b2-4d93-b6bc-2524bfdbc3ec
View Original BSE Filing (PDF)
💡
In Simple Terms
IRFC posted a Q2 profit of Rs. 1,958.48 Crore, up 10.22% from last year, and announced Re. 1.00 dividend per share.
🤖 AI Summary
- Indian Railway Finance Corporation (IRFC) reported an unaudited net profit of Rs. 1,958.48 Crore for Q2 FY27.
- The net profit for the quarter ended 30th September 2026 increased by 10.22% compared to Q2 FY26.
- IRFC Board declared an interim dividend of Re. 1.00 per equity share of Rs. 10/- each for FY 2026-27.
- The record date for the interim dividend is set as Friday, 23rd October 2026, with payment within 30 days.
- The Board also approved the Policy for Transition to the NBFC Upper Layer Regulatory Framework.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit for the period (Q2 FY27)
Rs. 1,958.48 Crore
10.22%
Total Revenue From Operations (Q2 FY27)
Rs. 7,866.41 Crore
23.44%
Interim Dividend per share
Rs. 1.00
Earnings per share - Basic (Q2 FY27)
Rs. 1.50
10.29%
Total Assets (As at 30th September 2026)
Rs. 527,976.59 Crore
3.84%
🏢 How This Affects the Company
The increase in net profit and total revenue from operations indicates sustained financial performance. The interim dividend declaration will result in a cash outflow from the company.
Approval of the NBFC Upper Layer Regulatory Framework policy suggests internal operational adjustments to align with new regulatory requirements for large NBFCs.
Transitioning to the NBFC Upper Layer Regulatory Framework implies adherence to stricter regulatory norms, which may introduce new compliance and operational risks.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must ensure their bank account details are updated with their depository participant (demat) or Company/RTA (physical) by the record date, Friday, 23rd October 2026, to receive the dividend electronically.
👤
Who Is Affected
Shareholders holding IRFC shares on Friday, 23rd October 2026, the record date, are eligible to receive the interim dividend of Re. 1.00 per equity share of Rs. 10/- each.
🔍
Management Signal
Management is maintaining shareholder returns through dividends while also addressing future regulatory compliance by approving the NBFC Upper Layer Regulatory Framework Policy.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Payment of interim dividend by 14th November 2026.
Q3 FY27 financial results for continued performance indicators.
Updates on the implementation of NBFC Upper Layer Regulatory Framework.
LOW RISK
The filing indicates stable financial performance and proactive regulatory compliance measures.
💡 Investor Takeaway
IRFC reported a net profit of Rs. 1,958.48 Crore for Q2 FY27, an increase of 10.22% from Rs. 1,776.98 Crore in Q2 FY26. Total revenue from operations for the quarter grew 23.44% YoY to Rs. 7,866.41 Crore. An interim dividend of Re. 1.00 per share was declared.
⚖️ Strengths & Concerns
✅ Positives
- Net profit for the quarter ended 30th September 2026 increased by 10.22% YoY to Rs. 1,958.48 Crore.
- Total revenue from operations for the quarter ended 30th September 2026 grew by 23.44% YoY to Rs. 7,866.41 Crore.
⚠️ Concerns
- Finance costs increased by 30.22% YoY to Rs. 5,917.08 Crore for the quarter ended 30th September 2026.
- Other financial assets saw a significant decrease from Rs. 234,743.96 Crore as of 30th September 2025 to Rs. 81,658.87 Crore as of 30th September 2026.
📅 Company Track Record
IRFC reported a Q2 FY27 net profit of Rs. 1,958.48 Crore, building on its Q2 FY26 net profit of Rs. 1,776.98 Crore. For the full FY26, IRFC's net profit was Rs. 7,009.17 Crore, indicating consistent profitability. The company previously declared an interim dividend of Rs. 1.00 in Q2 FY27.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was IRFC's net profit for the quarter ended 30th September 2026?
IRFC's net profit for the quarter ended 30th September 2026 was Rs. 1,958.48 Crore.
What was the year-on-year growth in IRFC's Q2 FY27 net profit?
IRFC's net profit for the quarter ended 30th September 2026 increased by 10.22% compared to the same period last year, which was Rs. 1,776.98 Crore.
What interim dividend did IRFC declare for the financial year 2026-27?
IRFC declared an interim dividend of Re. 1.00 per equity share of Rs. 10/- each for the financial year 2026-27.
What is the record date for IRFC's interim dividend?
The record date for determining eligibility for the interim dividend is Friday, 23rd October 2026.
What was IRFC's total revenue from operations for the quarter ended 30th September 2026?
IRFC's total revenue from operations for the quarter ended 30th September 2026 was Rs. 7,866.41 Crore.
Questions based on this BSE filing only. For information purposes.