IRFC records 38% growth in profit after tax at Rs 6,090 crore in FY22
Indian Railway Finance Corporation Limited, the market borrowing arm of Indian Railways, on Friday posted a 37.90 per cent growth in its profit after tax at Rs. 6,090 crore in FY22.
In the preceding fiscal, the company had reported its Profit After Tax (PAT) at Rs 4,416 crore, Indian Railway Finance Corporation (IRFC) said in a statement.
Revenue from operations for FY22 grew by 28.71 per cent and stood at Rs 20,298.27 crore this fiscal as against Rs 15,770.22 crore a year ago.
The revenue from operations for the fourth quarter of FY22 grew by 16.39 per cent to reach Rs 5,931.12 crore as against Rs 5,095.81 crore reported in the third quarter.
