Indian Railway Finance Corporation’s net profit nears Rs 6,100 crore in FY22

New Delhi: The net profit of the Indian Railway Finance Corporation (IRFC) Limited for the financial year 2021-22 stood at Rs 6,089.84 crore, an increase of 37.89 per cent against Rs 4,416.13 crore in the last fiscal, the company said on Friday.

The 35th annual general meeting of the IRFC was held under the chairmanship of its Chairman and Managing Director, Amitabh Banerjee, on Friday.

Addressing the AGM, Banerjee said, “The IRFC reported a strong financial performance during the year under review, with all-time high revenue and profits. The net profit of the IRFC for FY22 stood at Rs 6,089.84 crore, an increase of 37.89 per cent against Rs 4,416.13 crore in the last fiscal.”