IRFC Reports Q3 FY24-25 Results, Highlights Improved Debt-Equity Ratio Trends

Jan 20 2025 04:40 PM IST
share
Share Via
Indian Railway Finance Corporation (IRFC) announced its financial results for Q3 FY24-25, showing consistent performance compared to prior quarters. The company's debt-equity ratio stands at 7.83 times, marking the lowest in recent periods, indicating a potential focus on effective debt management within its financial strategy.
Indian Railway Finance Corporation (IRFC), a prominent entity in the finance and non-banking financial company (NBFC) sector, has released its financial results for the third quarter of FY24-25 on January 20, 2025. The results indicate a consistent performance when compared to previous quarters. However, there has been an adjustment in evaluation, with the company's score reflecting a notable shift over the last three months.

A significant aspect of IRFC's December 2024 financials is its debt-equity ratio, which is reported at 7.83 times. This figure represents the lowest ratio observed in the last five half-yearly periods, suggesting a trend of reduced borrowing relative to equity capital. Such a development may indicate that IRFC is focusing on managing its debt levels effectively, which could play a role in its broader financial strategy.

For further insights into the latest evaluation changes and financial trend performance, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News