Indian Railway Finance Corporation Declares Rs 1.05 Interim Dividend Ahead of Record Date

Indian Railway Finance Corporation (IRFC) is set to trade ex-dividend soon, following its announcement of an interim dividend. The company declared a dividend of Rs 1.05 per equity share of Rs 10 each for FY26. The record date for this dividend is scheduled for this week. IRFC, a public sector unit, acts as the financial arm of Indian Railways, sourcing funds from both domestic and international markets.

The eligibility for receiving the interim dividend will be determined based on the record date, which is Friday, 24th October 2025. According to IRFC's stock exchange filing, "The dividend will be paid in the account of the shareholder(s) or the dividend warrant(s) in respect thereof will be dispatched within thirty (30) days from the date of declaration of interim dividend."

In the September quarter, IRFC reported revenue of Rs 6,372 crore, marking a 7.6% decrease compared to Rs 6,899 crore in the same period last year. However, net profit rose by 10% to Rs 1,777 crore from Rs 1,613 crore in Q2FY25. This indicates a robust profit growth despite a decline in revenue.

Manoj Kumar Dubey, CMD of IRFC, shared insights into the company's future strategy with CNBC. The IRFC 2.0 strategy aims for consistent double-digit profit growth. Under this plan, Rs 45,000 crore has already been approved in the first half of FY26. The corporation is on track to exceed its annual targets and anticipates achieving or surpassing a distribution target of Rs 30,000 crore.

Riyank Arora, a technical analyst at Mehta Equities Ltd., commented on IRFC's stock performance: "IRFC is witnessing steady buying interest after a brief consolidation phase. The stock is trending above its short-term moving averages, supported by strong volumes. RSI remains positive, suggesting continued momentum. Sustaining above ₹123.52 could lead to a rally toward ₹132 and ₹138 in the near term."

IRFC's strategic outlook suggests sustained performance over the next five years with an emphasis on achieving double-digit profit growth each quarter. This reflects confidence in maintaining financial stability and growth.

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