Indian Railway Finance Corporation (IRFC) has continued its strong performance streak, securing an ‘Excellent’ rating from the Department of Public Enterprises (DPE) for FY25. This marks the fifth consecutive year that the Navratna CPSE has received the highest performance grading since its stock market listing in FY21.
The sustained recognition underscores IRFC’s robust governance framework, operational efficiency and financial discipline, even as it navigates evolving challenges and an expanded business mandate. During the year, IRFC strengthened and diversified its lending portfolio in line with the government’s whole-of-government approach, while remaining focused on railway-linked infrastructure financing.
The company continued to provide timely and cost-efficient funding support to the railway ecosystem and strategically connected sectors, helping improve financing efficiency across rail-linked infrastructure projects.
Commenting on the achievement, IRFC’s Chairman and Managing Director said the consistent ‘Excellent’ rating validates the organisation’s institutional strength, strategic clarity and execution capabilities. He added that under the IRFC 2.0 roadmap, the company is pursuing selective capital deployment in high-quality assets aligned with its risk framework.
Notably, IRFC has already met its annual sanction guidance of ₹60,000 crore for FY26 by the end of the third quarter, reflecting strong business momentum and disciplined growth.
Established in 1986, IRFC serves as the dedicated financing arm of the Ministry of Railways and plays a key role in mobilising resources for India’s railway infrastructure. Its mandate spans financing projects with forward and backward linkages to railways, including power, mining, logistics, metro rail, ports and allied sectors.
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