Today, on 23rd April 2025, the IRFC Share Price experienced a decline of nearly 3% in its share prices since the opening bell. Analysts and market experts say the company’s decisions to prepone Q4 declarations may have influenced the stock drop. IRFC stated yesterday that the board rescheduled its meeting for 28th April instead of 29th to consider the audited results, Cash Flow Statement and Statement of Assets and Liabilities for FY 2025 and for Q4 results. The company further said that a discussion regarding approval of the Market Borrowing programme for the Financial Year 2025-26 will also take place at the 28th April meeting.
IRFC Share Price in Today’s Market
Today, IRFC’s shares opened to the market at Rs. 133.00, a slight rise from yesterday’s close of Rs. 132.31. At 11:10 a.m., IRFC’s share price was Rs. 130.80, nearly 1.14% lower than its previous close. According to the reports and estimates on Money Control, the current market capitalisation shows 170,740 cores; the UC Limit is 145.54, and the LC Limit is 119.07.
Company Financials
IRFC’s revenue from operations for the third quarter of FY 2024–25 was Rs. 6,763.43 crore, which is a 0.4% year-over-year (YoY) increase over the Rs. 6,736.57 crore received in Q3 of FY 2023–24. The company’s net profit of Rs. 1,630.66 crore represented a 2% increase over the previous year’s third quarter. The third quarter of last year saw IRFC’s earnings per share rise to Rs. 1.25 from Rs. 1.22. IRFC’s net profit margin increased by 1.59% year over year to 24.10%.
Recent News About IRFC
- Following the announcement of preponing results, IRFC confirmed that all its designated employees and other connected people, under the company’s policy and regulations, were advised not to trade in the company’s Securities, including its Equity Shares and Listed Debt securities.
- In early March, IRFC declared that it plans to expand into renewable energy financing and has extended a Rs. 75 billion term loan to NTPC Renewable Energy Limited.
- This move aligns with India’s goal of installing 500 GW of non-fossil fuel-based energy capacity by 2030
IRFC Share Price Target
According to reports on TradingView, according to analysts, IRFC’s price target is 50.00 INR with a max estimate of 50.00 INR and a min estimate of 50.00 INR..
Should You Buy, Sell, Or Hold?
100% of analysts on MoneyControl suggested selling the shares. Before investing in IRFC, consider its long-term performance and consult your analyst to make the perfect move.
