IRFC Q2 profit rises 10%, revenue declines 8%, dividend declared

Indian Railway Finance Corporation (IRFC) posted a Q2 FY26 net profit of ₹1,777 crore, up ~10% year-on-year from ₹1,613 crore, despite revenue dropping ~8% to ₹6,372 crore. The sequential PAT growth was modest against ₹1,746 crore in Q1. IRFC declared an interim dividend of ₹1.05 per share. Interest income rose sharply, though lease income dipped. The mismatch underscores pressure on core operations while dividend signals confidence. Source: Economic Times