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September 01, 2015 10:36 PM ET

Diversified Financial Services

Company Overview of Indian Railway Finance Corporation Limited

Company Overview

Indian Railway Finance Corporation Limited operates as a financing arm of the Ministry of Railways in India. The company engages in the leasing and financing activities. Indian Railway Finance Corporation Limited was incorporated in 1986 and is based in New Delhi, India.

East Tower

UG - Floor

NBCC Place, Bhisham Pitamah Marg

Pragati Vihar, Lodhi Road

New Delhi,  110003

India

Founded in 1986

Phone:

91 11 2436 9766

Fax:

91 11 2436 9770

Key Executives for Indian Railway Finance Corporation Limited

Managing Director, Director, Member of Audit Committee, Member of Stakeholders Relationship Committee, Member of Bond Committee, Member of Investment Commmittee and Member of CSR Committee
Age: 58
Director of Finance and Director
Financial Commissioner - Railways
Chief Vigilance Officer
General Manager of Term Loans and Company Secretary
Compensation as of Fiscal Year 2015.

Indian Railway Finance Corporation Limited Key Developments

Indian Railways To Divest Stake

Indian Railways is considering the option of divesting stake in some of its units like Indian Railway Finance Corporation Limited, the proceeds of which will be routed back to build infrastructure. The Railways has set a target to raise INR 8.5 trillion over the next five years. Indian Railway is set to divest 5% stake in Container Corporation of India Ltd. (NSEI:CONCOR).

Indian Railway Finance Corporation Limited Announces Unaudited Earnings Results for the Six Months and Year Ended March 31, 2015

Indian Railway Finance Corporation Limited announced unaudited earnings results for the six months and year ended March 31, 2015. For the six months, the company reported interest earned of INR 35,157.7 million compared to INR 32,094.6 million a year ago. Total income was INR 35,163.9 million compared to INR 32,202.3 million a year ago. Operating profit before provisions and contingencies was INR 9,732.4 million compared to INR 7,871.6 million a year ago. Profit from ordinary activities before tax was INR 9,732.4 million compared to INR 7,871.6 million a year ago. Net profit for the period was INR 3,384.6 million compared to INR 3,553.2 million a year ago. Diluted EPS was INR 94.28 compared to INR 116.16 a year ago. For the year, the company reported interest earned of INR 69,802.8 million compared to INR 61,846.7 million a year ago. Total income was INR 69,824.2 million compared to INR 61,982.6 million a year ago. Operating profit before provisions and contingencies was INR 19,195.4 million compared to INR 15,720.3 million a year ago. Profit from ordinary activities before tax was INR 19,195.4 million compared to INR 15,720.3 million a year ago. Net profit for the period was INR 9,601.9 million compared to INR 7,006.9 million a year ago. Diluted EPS was INR 211.93 compared to INR 233.16 a year ago. Return on assets was 0.88% compared to 0.91% a year ago.

Indian Railway Finance Corporation Limited, Board Meeting, May 11, 2015

Indian Railway Finance Corporation Limited, Board Meeting, May 11, 2015. Agenda: To consider unaudited earnings results for the six months and year ended March 31, 2015.

Recent Private Companies Transactions

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To contact Indian Railway Finance Corporation Limited, please visit www.irfc.nic.in. Company data is provided by Capital IQ. Please use this form to report any data issues.

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