SOURCE : NEW18 NEWS
Last Updated:April 28, 2025, 09:59 IST
IRFC Share Price: IRFC shares will be in focus on April 28 as the board will declare audited financial results for the quarter and year ended March 31, 2025.
IRFC shares are in focus on Monday.
IRFC Share Price: Shares of IRFC (Indian Railway Finance Corporation) dropped in red in the morning session on Monday. The scrip was trading at Rs 128.49 at the time of writing this report, from the day’s opening at Rs 128.00 apiece. Railway PSU will declare the audited financial results for the quarter and financial year ended March 31, 2025. The board will also consider the market borrowing programme of the company for the financial year 2025-26.
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“this is to inform that meeting of Board of Directors of the Company, which was originally scheduled to be held on Tuesday, 29th April, 2025 stands rescheduled to Monday, 28th April, 2025 inter alia, to consider and approve:
The Audited Financial Results for the quarter and financial year ended 31st March, 2025 and other financial statements namely Cash Flow Statement and Statement of Assets and Liabilities for the year ended 31st March, 2025.
ii. Approval of Market Borrowing programme of the company for the Financial Year 2025-26,” the company said in the filing.
In the previous session, shares of IRFC settled 3.52 per cent lower at Rs 128.70 apiece. The stock’s 52-week movement indicates a high of Rs 229.05 and Rs 108.05, respectively.
Indian Railway Finance Corporation (IRFC) is the dedicated funding arm of Indian Railways. The company was set up in December 1986 for mobilizing funds from domestic and overseas markets to meet the pre-dominant portion of Extra Budgetary Resources requirement of Indian Railways.