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“This is to inform that the meeting of the Board of Directors of the company, which was originally scheduled to be held on Tuesday, April 29, 2025, stands rescheduled to Monday, April 28, 2025,” the Navratna PSU stated in the IRFC Q4 update.

IRFC Q4 Update: The board meeting of the Indian Railway Finance Corporation (IRFC) has been rescheduled to publish the January-March quarter results for fiscal 2024-25 (Q4FY25), the company informed on Tuesday, April 22. Instead of April 29, 2025, the Navratna Public Sector Undertaking (PSU) will now announce its FY25 fourth quarter results and discuss borrowing intentions on Monday, April 28.

Shares of IRFC began trading at ₹132 on Tuesday and rose by about 1% to reach an intraday high of ₹133.50 before closing at ₹132.25 per on the BSE. Although IRFC’s stock has increased by 5% over the past five sessions, it has lost 12% year-to-date (YTD). Over the past three years, IRFC, a multibagger railway PSU stock, has generated returns of more than 500 percent.

Date of IRFC Q4 Results

The following is to notify you that the company’s Board of Directors meeting, which was initially set for Tuesday, April 29, 2025, has been rescheduled for Monday, April 28, 2025, among other things, to discuss and approve:

i. The cash flow statement and the statement of assets and liabilities for the year ending March 31, 2025, as well as the audited financial results for the quarter and the fiscal year ending March 31, 2025.

ii. The company’s Market Borrowing program for the Financial Year 2025–2026 has been approved,” the IRFC stated in a regulatory filing to the stock exchanges. Additionally, IRFC declared that its trading window would be closed from April 1 to 48 hours following the release of the March quarter results.

The trading window, which has been closed since April 1, 2025, will remain closed for 48 hours following the release of the audited financial results for the quarter and fiscal year that ended on March 31, 2025, in accordance with the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and amendments thereto, as well as the company’s policy under said regulations. We informed you of this in our letter dated March 26, 2025.

As stated in the company’s policy under the aforementioned regulations, “all designated employees and other connected persons have been advised not to trade in the company’s Securities, including its Equity Shares and Listed Debt securities, during the above-said period,” the IRFC stated in its exchange filing.

IRFC Q3 Findings

In the third quarter of FY25, the state-run financing company posted a net profit of ₹1,630 crore, up 2% from ₹1,599 crore. Year-over-year (YoY), IRFC’s operating revenue in Q3FY25 increased by a slight 0.4% to ₹6,763 crore from ₹6,737 crore.

The railway PSU gets funds for growth through capital markets and borrowings after receiving Navratna status last month. In addition to funding railway assets, IRFC is growing into industries like power production and transmission, mining, fuel, coal, warehousing, telecom, and hospitality that have both forward and backward connections to railways.

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