In Budget, Lease charges payable to IRFC has been increased to 23782 for Fy23-24 against 19855 for Fy22-23 which is 20% increase. This means 20% Revenue & Profit growth YOY.
No Additional IEBR showing for IRFC is surprising as they have allocated 2.0 lac cr as part of budget support against 1.3 lac in Fy22-23… How they are generating this additional 70 thousand Cr in budget needs to be understood !!!
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