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Indian railway finance firm IRFC reports a 2.1% drop in profit but plans to raise Rs 60,000 crore next year.
Indian Railway Finance Corporation (IRFC) saw a 2.1% drop in net profit to Rs 1,682 crore in Q4 FY25, compared to the previous year, while its revenue increased by 3.8% to Rs 6,722.83 crore.
IRFC plans to raise up to Rs 60,000 crore in FY26 through various financial instruments.
Despite recent declines, the company's stock has shown strong growth over three years.
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La firma financiera de ferrocarriles de la India, IRFC, informa una caída del 2,1% en las ganancias, pero planea recaudar Rs 60,000 crore el próximo año.