Stock Report

Indian Railway Finance Corporation Ltd Q2 FY2024 PAT at Rs. 1549.87 crores



Posted On : 2023-11-03 22:11:54( TIMEZONE : IST )

Indian Railway Finance Corporation Ltd Q2 FY2024 PAT at Rs. 1549.87 crores

Indian Railway Finance Corporation Limited has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 6767.478 crores during the period ended September 30, 2023 as compared to Rs. 6681.029 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 1549.872 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1556.574 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.20 for the period ended September 30, 2023 as compared to Rs. 1.20 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 6767.478 crs ₹6681.029 crs Up Tick / Down Tick1.29%
Net Profit ₹1549.872 crs ₹1556.574 crs Up Tick / Down Tick-0.43%
EPS ₹1.20 ₹1.20 Up Tick / Down Tick0.00%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 6767.478 crores during the period ended September 30, 2023 as compared to Rs.5810.393 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1549.872 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1714.280 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.20 for the period ended September 30, 2023 as compared to Rs.1.31 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 6767.478 crs ₹5810.393 crs Up Tick / Down Tick16.47%
Net Profit ₹1549.872 crs ₹1714.280 crs Up Tick / Down Tick-9.59%
EPS ₹1.20 ₹1.31 Up Tick / Down Tick-8.40%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.13448.507 crores during the 6 Months period ended September 30, 2023 as compared to Rs.11437.859 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.3106.446 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.3375.860 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.2.38 for the 6 Months period ended September 30, 2023 as compared to Rs.2.58 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹13448.507 crs ₹11437.859 crs Up Tick / Down Tick17.58%
Net Profit ₹3106.446 crs ₹3375.860 crs Up Tick / Down Tick-7.98%
EPS ₹2.38 ₹2.58 Up Tick / Down Tick-7.75%

Shares of Indian Railway Finance Corporation Limited was last trading in BSE at Rs. 73.06 as compared to the previous close of Rs. 72.93. The total number of shares traded during the day was 1851566 in over 7310 trades.

The stock hit an intraday high of Rs. 74.53 and intraday low of 72.85. The net turnover during the day was Rs. 136137677.00.

Source : Equity Bulls

Keywords

IndianRailwayFinanceCorporation Q2FY24 H1FY24 ResultUpdate IRFC