Indian Railway Finance Corporation announced the cessation of Bhaskar Choradia (DIN: 08975719) as part-time government director on board of the company with effect from 15 April 2024. Powered by Capital Market - Live News

The Board of Indian Railway Finance Corporation at its meeting held on 27 March 2024 has appointed Uma Ranade, IRAS, AM(Budget) Railway Board (DlN: 10565537) as Additional Director to be designated as Chairman and Managing Director ( Additional Charge) on the Board of IRFC and also designated as CE0 of the Company with effect from 27 March 2024. Powered by Capital Market - Live News

Net profit of Indian Railway Finance Corporation declined 1.79% to Rs 1604.23 crore in the quarter ended December 2023 as against Rs 1633.45 crore during the previous quarter ended December 2022. Sales rose 8.42% to Rs 6741.89 crore in the quarter ended December 2023 as against Rs 6218.10 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales6741.896218.10 8 OPM %99.4799.51 - PBDT1605.561637.18 -2 PBT1604.231633.45 -2 NP1604.231633.45 -2 Powered by Capital Market - Live News

Indian Railway Finance Corp. will hold a meeting of the Board of Directors of the Company on 9 February 2024.Powered by Capital Market - Live News

Indian Railway Finance Corp. announced that the Board of Directors of the Company at its meeting held on 02 November 2023, has recommended a Interim dividend of Rs.0.80 per share (i.e.8%), subject to the approval of the shareholders.Powered by Capital Market - Live News