IRFC dividend announcement today. Check record date & payout

IRFC's Second Interim Dividend for FY25

Indian Railway Finance Corporation (IRFC), a dedicated funding arm for the Indian Railways, is set to announce its second interim dividend of FY25 on March 17, 2025. This follows the company's recent achievement of Navratna status, underscoring its robust financial performance and strong position as the third-largest government NBFC in India.

Dividend Record Date and Eligibility

The record date for the dividend has been fixed for March 21, 2025. Investors who hold IRFC shares on this date will be entitled to the dividend, upon approval by the board. This payout will be the second for IRFC in FY25, following an earlier interim dividend of ₹0.80 per share.

Impact on IRFC Share Price

IRFC's share price has seen fluctuations lately. As of March 11, 2025, the shares were trading at Rs 118.55. Market analysts are keenly observing the impact of this dividend announcement on price movement, particularly given the existing downward trend. The 52-week high and low stand at Rs 229.05 and Rs 108.05, respectively, providing context to current trading levels.

Financial Performance and Outlook

IRFC's Navratna status reflects its strong financial position, backed by significant revenue and profit figures. As of March 31, 2024, it boasts a revenue exceeding ₹26,600 crore and a profit after tax of over ₹6,400 crore. Beyond traditional railway financing, IRFC is strategically diversifying into other infrastructure sectors, opening new avenues for growth and investor returns.

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