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IRFC Q2 results 2026, dividend: Maharatna PSU declares highest-ever dividend; Profit rises 10% to ₹1,958 cr

Indian Railway Finance reported results in a corporate actions development for Q2FY27 with October 23 in focus.

· LiveMint Markets

IRFC reported a 10% year-on-year rise in Q2FY27 net profit to ₹1,958.48 crore, while quarterly revenue reached ₹7,866.41 crore. Its board approved a record interim dividend of ₹1.15 per share, with October 23, 2026, set as the record date.

Period
Q2FY27
Dates in focus
October 23

Indian Railway Finance reported ₹1,958 cr, ₹1,958.48 crore and ₹7,866.41 crore for Q2FY27, with movement of 10% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -3.1% on the day at ₹73.37, and has returned -17.5% over three months. It sits 45% below its 52-week high, which means a good deal of bad news was already in the price. The financial services sector has moved -14.9% over the same period, so Indian Railway Finance is running 2.6 points behind its peers.

For Indian Railway Finance, the question is how much of this is already reflected in the price and how much re-rates the financial services peer set alongside it.

  • Buybacks, dividends and splits change what a shareholder actually receives, and often signal how management reads its own value.
  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • In focus: Indian Railway Finance (IRFC) (IRFC), in Financial Services.
  • Over three months: Indian Railway Finance (IRFC) -17.5% against Financial Services -14.9% (2.6 points behind).
  • At least 25% below the 52-week high: Indian Railway Finance (IRFC) (45%).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
Indian Railway Finance (IRFC)IRFC · Financial Services₹73.37-3.1%-7.5%-17.5%-45.1%0.8×—

Financial Services

1M -8.8% · 3M -14.9%

Indian Railway Finance (IRFC)

Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.

IRFCFinancial Services