IRFC Dividend 2025: Stock Gains as Board Approves Interim Payout
IRFC Dividend 2025 Additional Dividend On Account of Interim Dividend Receivable
The shares for Indian Railway Finance Corporation Ltd (IRFC) surged further on. Monday after the board of director’s mid-year meeting resulted in granting an interim dividend for eligible shareholders. This dividend was declared recently by the PSU borrower company of Indian Railways. Which is continuing with its financial plans for this fiscal year.
IRFC Dividend Announces Second Interim Dividend For FY 2024-25
Announces Second Interim Dividend For FY 2024-25
More over the company in its latest news has confirmed that its board approval meeting on 17th. March 2025 will resolve on granting the 2nd interim dividend of Rs 0.80/share for the fiscal year 2024-25. It has been proposed that the Friday, March 21, 2025. Will be the cut-off date for shareholders to qualify for the dividend subject to board approval.
IRFC Dividend Shares and Market Patterns
IRFC shares rose by 0.9 percent, closing at Rs 118.75 on Monday after the announcement. The total IRFC market capitalization is now over Rs 1.55 lakh crore. Still, the stock is down 48 percent from the 52-week high of Rs 229.05 in July 2024. In addition, the stock has rebounded 10 percent from 52-week low Rs 108.05 on March 3, 2025.
IRFC Dividend Financial Performance and Growth
The company reported a 2 percent year-on-year increase in net profit to Rs 1,630.66 crore for the third quarter of December 2024. Revenue from operations was Rs 6,763.43 crore, depicting 0.4% growth on revenue YoY in the same period.
Dividend History and IPO Performance
IRFC has paid dividends to shareholders biannually since its stock market debut in January 2021. The company raised Rs 4,633.38 crore in the IPO at the rate of Rs 26 per share. Since then, the stock has appreciated by almost 360 percent from the IPO price.
About IRFC: A Key PSU Player in Railway Financing
Integrating Rolling Stock Financing into the Indian Railways was something thought of as early as the 1980s. The Indian Railway Finance Corporation (IRFC), founded in 1986, is a Public Sector Unit (PSU) that focuses. On the financing of railway infrastructure, lending to other subsidiaries of the Ministry of Railways, and purchasing their rolling stock assets. The company is publicly traded and the Government of India continues to remain its largest stakeholder with an 86.36% share.
Conclusion
Government spending on infrastructure is only set to increase. Due IRFC’s position in the Indian Railway’s expansion efforts makes it evermore crucial, especially for investors considering PSU stocks. As part of the Indian Railway’s growing ecosystem, IRFC’s prospects look bright. Tremendously aided by a consistent dividend track record and long-term growth expectations.
Disclaimer: This is an informational article and should not be treated as a guide for investment strategies. Before taking financial steps or investing IRFC stocks, it is prudent to seek professional help.
