Indian Railway Finance Corp gains on Q1 profit rise

Indian Railway Finance

23/07/2025 05:00

** Shares of Indian Railway Finance Corp INID.NS rise 2.4% to 133.9 rupees

 ** The financing arm of the Indian Railways posts a 10.7% Y/Y rise in its June-qtr profit to 17.46 bln rupees ($202.07 mln)

** Interest income rose 2.2% Y/Y to 69.15 bln rupees

** Stock down 10% YTD

($1 = 86.4040 Indian rupees)

(Reporting by Rudra Pratap Singh in Bengaluru)

((rudrapratap.singh@thomsonreuters.com))