On April 6, IRFC announced that it is now moving beyond its traditional focus on railways.
The company is expanding into infrastructure sectors like power and energy.
This move comes after IRFC signed a major loan deal worth ₹12,842 crore with Hindustan Urvarak & Rasayan Limited (HURL).
The deal shows that the company aims to become a diversified infrastructure financier, not just a railway lender.
What the Management Says
IRFC Chairman and Managing Director Manoj Kumar Dubey called this a strong start to the year.
He highlighted that the deal reflects the company’s trust, reliability, and commitment to partnerships.
Despite expanding into new sectors, IRFC has maintained zero non-performing assets (NPAs), showing a strong financial position.
About IRFC
Established in 1986, IRFC started as the financing arm of the Ministry of Railways.
Today, it also provides loans for power generation, transmission, mining, logistics, and urban transport.
Still, railway infrastructure continues to be its primary focus.
IRFC Share Performance
On Monday, IRFC shares closed 1.15% higher at ₹92.90. However, the stock has dropped nearly 26% so far this year.
The state-owned company currently has a market capitalization of ₹1.21 lakh crore.
