All Q2 FY27 results →

IR

Indian Railway Finance Corporation Ltd

Q2 FY27

Indian Railway Finance Corporation Q2 FY27 results statement: Revenue & Margins

Q2 FY27 results statement: what the company reported on revenue, margins and projects.

Price₹79

Market cap₹1.0L Cr

P/E14.4

Updated15 Oct 2026

Read4 min read

Based on Indian Railway Finance Corporation Ltd's Q2 FY27 results statement. The company has not published an earnings-call transcript for this quarter, so figures here are what the results statement reports, not management guidance.

The short version

Revenue from operations for the quarter ended 30th September 2026 is Rs. EBITDA: Not explicitly stated in the presentation for the quarter ended 30th September 2026. - Operating Margin: Not explicitly reported in the presentation for the quarter. - Profit After Tax (PAT): Rs.

From Indian Railway Finance Corporation Ltd's Q2 FY27 earnings-call transcript · updated 15 Oct 2026.

Revenue & Sales Performance

Revenue from operations for the quarter ended 30th September 2026 is Rs. 7,866.41 crore, compared to Rs. 6,371.89 crore in the quarter ended 30th September 2025, reflecting a year-on-year increase of approximately 23.4%.
Interest income for the quarter is Rs. 717.88 crore versus Rs. 2,829.17 crore for the same quarter last year (note this may be impacted by accounting or segment reporting).
Lease income is Rs. 7,148.53 crore for the quarter versus Rs. 3,542.72 crore year ago, a significant increase.
Other operating income is Rs. 19.08 crore compared to Rs. 14.31 crore.

2 more points from Indian Railway Finance Corporation Ltd's call on revenue

Pro opens every point from 15K+ earnings calls

Profitability & Margins

EBITDA: Not explicitly stated in the presentation for the quarter ended 30th September 2026.
Operating Margin: Not explicitly reported in the presentation for the quarter.
Profit After Tax (PAT): Rs. 1,958.48 crore for the quarter ended 30th September 2026.

- **Year-on-Year Change in PAT:** Rs. 1,776.98 crore for the quarter ended 30th September 2025, indicating a growth of approximately 10.2%. - **Explicit Margin Outlook:** The presentation does not provide any specific forward-looking margin outlook or guidance. *Note:* The presentation primarily reports revenue, finance costs, employee benefits, impairment, and net profit figures but does not explicitly present EBITDA or operating margin figures or explicit margin outlook statements.

2 more points from Indian Railway Finance Corporation Ltd's call on margins

Pro opens every point from 15K+ earnings calls

See what Indian Railway Finance Corporation Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The investor presentation for Indian Railway Finance Corporation Limited does not describe any capex, capacity expansion, or new plant/project initiatives. Specifically: - No funds were raised via private placement or debt instruments for new projects (Page 9 and 10). - Statement of Deviation or Variation in use of Issue Proceeds confirms NIL amount raised and no deviation in use of funds (Page 10).

- Notes state the main business is providing leasing and financing to the railway sector with no mention of capital expenditure or project expansions (Page 7). - The presentation focuses on financial results, asset and liability statements, cash flows, and audit reports, without disclosure of any specific capital projects, expansions, or timelines. Thus, no capex, new plant, or capacity expansion projects with amounts or timelines are described in the presentation.

2 more points from Indian Railway Finance Corporation Ltd's call on capex

Pro opens every point from 15K+ earnings calls

Fundraising & Capital Structure

No fundraising through debt or equity was reported in the quarter ending 30.09.2026; amount raised via private placement was NIL (Annexure-C, Page 10).
The report on borrowings shows no new funds raised; amounts raised and utilized stand at zero (Page 9).
Debt securities outstanding were Rs. 259,224.68 crore as of 30th September 2026, slightly lower than previous periods (Page 5).
Borrowings (other than debt securities) were Rs. 172,258.15 crore as of 30th September 2026, showing some reduction from earlier figures (Page 5).
Cash flow from financing activities indicates net cash outflow of Rs. 3,584.19 crore for the half year ended 30th September 2026 (Page 6).

2 more points from Indian Railway Finance Corporation Ltd's call on fundraising

Pro opens every point from 15K+ earnings calls

See what Indian Railway Finance Corporation Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation for Indian Railway Finance Corporation Limited explicitly states the following regarding order book, order inflow, or pending orders: - There is no mention or reporting of order book, order inflow, or pending orders in the presentation. - The financial results and disclosures focus primarily on revenue, finance costs, assets, liabilities, dividend information, fund-raising, and compliance with SEBI regulations. - The sections reviewed include unaudited financial results, audit reports, use of funds raised (which is nil), and related party transactions.

2 more points from Indian Railway Finance Corporation Ltd's call on order book

Pro opens every point from 15K+ earnings calls

What Indian Railway Finance Corporation Ltd's management said in earlier quarters

Others in Finance this season

Indian Renewable (Q2 FY27)
EPS as on 30.09.2026: ₹3.17 . Key investor presentation takeaways from Indian Renewable's Q2 FY27 investor presentation — and how it ranks against sector peers.
Bajaj Finance (Q2 FY27)
Net total income for Q2 FY27: ₹160 crore, up 20% YoY (Q2 FY26: ₹133 crore) [Page 39] . Key investor presentation takeaways from Bajaj Finance's Q2 FY27 investor
Bajaj Housing Finance Ltd (Q2 FY27)
Total Income: ₹1,254 Cr, up 15% YoY from ₹1,090 Cr in Q2 FY26 . Key investor presentation takeaways from Bajaj Housing's Q2 FY27 investor presentation — and how
SG Finserve (Q2 FY27)
160.93 Crore, up 115% YoY (from Rs. Key investor presentation takeaways from SG Finserve Ltd's Q2 FY27 investor presentation — and how it ranks against sector p

Compare:vs Bajaj Finance vs Bajaj Finserv vs Shriram Finance Ltd

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Indian Railway Finance Corporation Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Indian Railway Finance Corporation Ltd Q2 FY27 results?

Revenue from operations for the quarter ended 30th September 2026 is Rs. EBITDA: Not explicitly stated in the presentation for the quarter ended 30th September 2026. - Operating Margin: Not explicitly reported in the presentation for the quarter. - Profit After Tax (PAT): Rs.

What is Indian Railway Finance Corporation Ltd share price analysis?

Indian Railway Finance Corporation Ltd currently shows a neutral. The stock trades at a P/E of 14.3 with a market cap of ₹103,111 Cr. Investors should review the full earnings analysis for detailed insights.

Is Indian Railway Finance Corporation Ltd planning capital expenditure?

The results statement for Indian Railway Finance Corporation Limited does not describe any capex, capacity expansion, or new plant/project initiatives.

Keep Indian Railway Finance Corporation Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's results statement. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.