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The board of Indian Railway Finance Corporation at its meeting held on 30 June 2026 has co-opted Ranjay Choudhary (DIN:11796981) as an Additional Director designated as Director (Finance) on the Board of the Company for a period of five years with effect from the date of his assumption of charge of the post i.e. 30 June 2026.

The board of Indian Railway Finance Corporation at its meeting held on 30 June 2026 has approved the appointment of Deepa Kotnis, Executive Director (Finance)/IRFC, as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company with effect from 30 June 2026.

Indian Railway Finance Corporation signed a Rs 13,527 crore term loan agreement with L&T Metro Rail (Hyderabad) (L&TMRHL) to refinance the debt obligations of the Hyderabad Metro Rail project, marking a landmark refinancing transaction in India`s urban transit sector. The refinancing follows the transfer of 100 per cent ownership of L&TMRHL from Larsen & Toubro to the Government of Telangana through Hyderabad Metro Rail (HMRL), transforming the metro network into a strategic public mobility asset under state ownership and creating a stronger financial foundation for the phased expansion of Hyderabad`s metro ecosystem.The facility will refinance existing debt obligations, including non-convertible debentures (NCDs), commercial papers and term loans, enabling an orderly exit for existing lenders while significantly improving the project`s long-term financial sustainability.

Net profit of Indian Railway Finance Corporation rose 0.15% to Rs 1684.31 crore in the quarter ended March 2026 as against Rs 1681.87 crore during the previous quarter ended March 2025. Sales rose 9.18% to Rs 7336.05 crore in the quarter ended March 2026 as against Rs 6719.13 crore during the previous quarter ended March 2025.For the full year,net profit rose 7.80% to Rs 7009.17 crore in the year ended March 2026 as against Rs 6502.00 crore during the previous year ended March 2025. Sales rose 0.44% to Rs 27266.37 crore in the year ended March 2026 as against Rs 27147.85 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales7336.056719.13 9 27266.3727147.85 0 OPM %98.3999.40 -98.9099.45 - PBDT1686.251683.16 0 7015.226507.31 8 PBT1684.311681.87 0 7009.176502.00 8 NP1684.311681.87 0 7009.176502.00 8 Powered by Capital Market - Live News

Indian Railway Finance Corp. will hold a meeting of the Board of Directors of the Company on 14 May 2026.