Indian Railway Finance Corporation (IRFC) has declared its highest-ever interim dividend of ₹1.15 per share for the second quarter of FY27, marking a significant milestone for the Maharatna PSU. According to the company's BSE filing, Friday, October 23, 2026, has been set as the record date to determine shareholder eligibility for the payout. The dividend will be paid to shareholders whose names appear as beneficial owners in depository statements or as members in the register of members as of October 23, 2026. As per the company's announcement, the dividend payment will be made within 30 days from the date of declaration to eligible shareholders.
Indian Railway Finance Corporation (IRFC) delivered robust financial results for the second quarter of FY27, with net profit rising 10% year-on-year to ₹1,958.48 crore. The company's net revenue increased to ₹7,866.41 crore during the quarter under review, demonstrating strong operational momentum. The railway financing company's performance reflects the continued growth in India's railway infrastructure sector and the company's strategic positioning in this market. The latest results show net profit of ₹1,958.48 crore in Q2FY27 compared to ₹1,776.98 crore reported in the year-ago period, with the company's net profit standing at ₹6,371.89 crore in Q2FY27 and ₹8,261.11 crore in Q1FY27.
IRFC share price closed 0.94% lower at ₹79 per equity share with a market capitalisation of ₹17,635.15 crore on Thursday, according to latest market data. The railway PSU stock experienced some recovery during the closing session but ended marginally lower. The stock has shown significant volatility with declining 11% in three months, 22% in six months, and around 36% in one year. Despite the recent price decline, the record dividend declaration and strong quarterly performance are expected to provide positive momentum for the stock in the coming sessions.
