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.

2 months ago
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