IRFC Reports Strong Financial Performance in Q2 of FY 2024-2025

Nov 06 2024 04:58 PM IST
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Indian Railway Finance Corporation (IRFC) has announced its financial results for the second quarter of fiscal year 2024-2025. The company has shown a positive performance with a score improvement from 4 to 7 in the last three months. Key highlights include high operating cash flow, decreasing debt-equity ratio, and record-breaking net sales and operating profit. However, MarketsMojo has given a 'Sell' call, and investors should conduct their own research before investing.
Indian Railway Finance Corporation (IRFC), a largecap finance company, has recently announced its financial results for the quarter ended September 2024. The company has received a 'Sell' call from MarketsMOJO, a leading financial analysis platform.

According to the financial report, IRFC has shown a positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 4 to 7 in the last three months, indicating a strong financial performance.

One of the key factors contributing to IRFC's success is its high operating cash flow, which has been consistently growing over the past three years. In the last fiscal year, the company recorded the highest operating cash flow of Rs 7,914.10 crore. This shows that IRFC has been able to generate significant cash revenues from its business operations.

Another positive aspect of IRFC's financials is its low debt-equity ratio, which has been decreasing over the past five half-yearly periods. In the latest report, the company's debt-equity ratio stands at 7.83 times, the lowest in the last five periods. This indicates that IRFC has been reducing its borrowing and relying more on equity capital, which is a good sign for investors.

In terms of net sales, IRFC has recorded its highest figure of Rs 6,899.66 crore in the last five quarters. This shows a positive trend in the company's sales performance in the near term.

Furthermore, IRFC's operating profit (PBDIT) for the quarter has also been the highest in the last five quarters at Rs 6,861.94 crore. This indicates a positive trend in the company's operating profit in the near term.

Overall, IRFC's financial results for the quarter ended September 2024 have been impressive, with strong performance in key areas such as operating cash flow, debt-equity ratio, net sales, and operating profit. However, investors should take note of the 'Sell' call from MarketsMOJO and conduct their own research before making any investment decisions.
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