IRFC Dividend 2025 Update: Investors in Indian Railway Finance Corporation (IRFC) can expect another round of dividends soon. The railway PSU is preparing to declare its second interim dividend for the current fiscal year, with a board meeting scheduled for March 17, 2025 to finalize the decision.
Key Announcements
- Dividend Meeting: IRFC’s board of directors will meet on March 17, 2025, to review and approve the second interim dividend.
- Record Date: The company has set March 21, 2025, as the record date to determine eligible shareholders.
- Previous Dividend: Earlier, IRFC had announced an interim dividend of ₹0.80 per share.
- Trading Window Closure: As per regulations, the trading window will be closed from March 11, 2025, and will reopen 48 hours after the board meeting.
IRFC’s Growth & Navratna Recognition
IRFC recently earned Navratna status, strengthening its position as a leading government-owned NBFC. The railway financing giant reported ₹26,600 crore in revenue and ₹6,400 crore in net profit as of March 31, 2024. This recognition enhances its role in funding India’s expanding railway network.
IRFC CMD & CEO Manoj Kumar Dubey highlighted that the Navratna status reflects the company’s financial strength and commitment to India’s railway infrastructure growth.
Stock Performance
IRFC shares ended 3% lower at ₹119.80 on the BSE on Monday. Over the past month, the stock has declined by 9%, and in the last three months, it has dropped by over 23%, according to BSE data.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investors are encouraged to conduct their own research or consult a financial advisor before making investment decisions.
