IRFC Set to Announce Second Interim Dividend for FY25 on March 17

Date:

Share post:

IRFC Set to Announce Second Interim Dividend for FY25 on March 17
IRFC Set to Announce Second Interim Dividend for FY25 on March 17

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.

Nikhil Kumar Jha
Nikhil Kumar Jhahttp://moneyphobia.in
I a finance writer with 2+Year of Exp in financial topics. With BBA in Finance degree, content writer, SEBI-certified investor, and stock market enthusiast.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

YouTuber Jyoti Malhotra Arrested in Hisar for Alleged Spying for Pakistan

In a startling development, travel vlogger and YouTuber Jyoti Malhotra was arrested on Saturday by the Hisar Civil Lines Police in Haryana...

You Didn’t Think You’d Own a House — But This Government Scheme Might Change That

If you’ve ever felt like owning a home is out of your reach — especially with rising prices...

I Bought the Sony WH-1000XM6 Just for Flights — Ended Up Using Them Every Day

A week before my Goa trip, I was searching for good noise-cancelling headphones. Not just good — the...

I Tried Saving ₹500 a Week Using UPI – Here’s How Much I Had in 6 Months

One Small Habit. Big Results. If you’ve ever wondered where all your money disappears by the end of the...