Indian Railway Finance Corporation Q2 Live Results: Indian Railway Finance Corporation (IRFC) announced its Q2 results on November 4, 2024, demonstrating a steady growth trajectory. The company’s revenue grew by 1.97% year-on-year, while profits saw a notable increase of 4.05% during the same period.

Compared to the previous quarter, IRFC’s revenues increased by 1.98% and profits by 2.27%. This consistent growth reflects the company’s strong operational performance and strategic financial management.

Selling, general and administrative expenses increased significantly, seeing an increase of 11.58% quarter-over-quarter and 7.67% year-over-year. This increase in spending highlights the challenges faced in managing operational costs in a competitive financial landscape.

Operating profit for the quarter increased by 1.92% compared to the previous quarter and by 1.94% year-on-year, indicating stable operating efficiency. Additionally, earnings per share (EPS) are reported at ₹1.23 for the second quarter, reflecting a 2.5% year-over-year increase.

Over the past week, the Indian Railway Finance Corporation delivered a commendable return of 6.8%. However, it has faced a decline of 1.55% over the past six months, while maintaining an impressive year-to-date return of 54.24%.

Currently, IRFC enjoys a market capitalization of ₹200,261.8 crore, with its shares trading in a 52-week range of ₹229 at its highest and ₹72.65 at its lowest, demonstrating the company’s resilience in the market.

Financial data of Indian Railways Finance Corporation