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IRFC shares surge as net profit rises 2% to Rs 1,631 crore, aided by a major coal mine project.
Indian Railway Finance Corporation (IRFC) shares have seen a recent surge, driven by a 2% increase in net profit to Rs 1,631 crore for Q3, a 0.4% rise in revenue to Rs 6,763.43 crore, and a lower total expense.
The company also won a significant coal mine financing project.
Despite a yearly decline, IRFC shares have recovered lately, with the government holding an 86.36% stake.
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Las acciones de la IRFC aumentan a medida que los beneficios netos aumentan un 2% hasta 1.631 millones de rupias, con la ayuda de un importante proyecto minero de carbón.