IRFC Dividend 2025: Navratna PSU to contemplate second interim dividend quickly, file date mounted

IRFC Dividend 2025: Shares of Navratna Central Public Sector Enterprises Indian Railway Finance Company (IRFC) will probably be in concentrate on Monday, i.e. March 17, 2025, because the board of administrators of the corporate are scheduled to fulfill on at the present time to contemplate the declaration of the second interim dividend for the monetary yr 2024-25. 

IRFC Dividend 2025: Report Date

The PSU has already mounted March 27, 2025, because the file date to find out the eligibility of shareholders for the cost of the second interim dividend. 

“…assembly of the Board of Administrators of the Firm is scheduled to be held on Monday, seventeenth March 2025, inter-alia, to contemplate declaration of Second Interim Dividend to the shareholders of the corporate for the monetary yr 2024-25,” the corporate mentioned in a regulatory submitting.

IRFC Dividend Historical past

Earlier, the corporate introduced an interim dividend of Rs 0.80, for which the ex-date was November 12, 2024. Earlier to this, the corporate had introduced a closing dividend of Rs 0.70.

IRFC Share Worth

Shares of IRFC had ended the final session within the pink. The counter opened with a slight acquire on Thursday however fell to shut at Rs 117.70 on the BSE. It had touched the intraday excessive of 120.10 and intraday low of Rs 117. 

The 52-week excessive of the counter is Rs 229.05, and the 52-week low is Rs 108.05. The market cap of the corporate is Rs 1,53,816 crore.  

IRFC Upgraded To Navratna Standing

The federal government lately permitted the upgradation of IRFC to Navratna Central Public Sector Enterprises.

Indian Railway Finance Company (IRFC) secures the Further Budgetary Assets (EBR) requirement of the Indian Railways by market borrowings on the best charges and phrases.

IRFC is a Ministry of Railways Central Public Sector Enterprises CPSE) with an annual turnover of Rs 26,644 crore.

IRFC Quarterly Outcomes

Earlier, IRFC reported a 2 per cent enhance in internet revenue to Rs 1,631 crore for the third quarter ended December 2024.

The NBFC, beneath the executive management of the Ministry of Railways, had earned a internet revenue of Rs 1,599 crore within the year-ago interval.