IRFC Q3 Profit Jumps 10.5% to ₹1,802 Crore; Revenue Dips Slightly

• Indian Railway Finance Corporation (IRFC) reported a 10.5% year-on-year increase in net profit to ₹1,802 crore for Q3 FY26.
• Revenue from operations for the quarter saw a slight decrease of 1.5% to ₹6,661 crore.
• Total expenses for Q3 were ₹4,917.04 crore, up 7% from the previous quarter.
• Net Interest Margin (NIM) increased by over 8% year-on-year, attributed to value-accretive disbursements and liability management.
• The decline in revenue was due to a one-year moratorium on a project lease agreement by the Ministry of Railways.

Why It Matters: IRFC's Q3 profit surged despite a minor revenue dip, showcasing strong execution and business model robustness.