Q1FY23 Performance
The company’s total income increased by 22.83% YoY to 56274.66 Crs and net profits increased by 10.63% to 16608.05 Crs.
Total equity of the company increased by 14.01% YoY to 426571.45 Crs.
Total liabilities to Equity: as on 30/06/2022 – 9.57, as on 31/03/2022 – 9.98
The board of directors has approved financing of 1500 Crs for implementation
of Haryana Orbital Rail Corridor Project.
Disclosure: Invested out of curiosity, Banks are out of my circle of competence so, IRFC makes a minuscule portion of my portfolio.
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