New Delhi: Indian Railway Finance Corporation (IRFC) has received an ‘Excellent’ performance rating from the Department of Public Enterprises (DPE) for FY25, marking the fifth consecutive year it has secured the highest rating since its stock market listing in FY21, the company said on Saturday.
The Navratna CPSE, which operates as the dedicated financing arm of the Ministry of Railways, said the sustained recognition reflects its ability to maintain institutional strength, governance standards and financial discipline while expanding its business mandate in a calibrated manner.
During FY25, IRFC continued to diversify its lending portfolio while remaining aligned with its core mandate of financing railway infrastructure. The company said it has brought greater efficiencies to railway-linked infrastructure financing and extended timely, cost-effective funding to the broader railway ecosystem and strategically linked sectors.
Commenting on the rating, IRFC Chairman and Managing Director said the achievement validates the company’s strategic clarity and execution capabilities even as it transitions into its IRFC 2.0 phase. He said the company has focused on selective capital deployment in high-quality assets aligned with its risk framework.
IRFC also said it has already achieved its annual sanction guidance of ₹60,000 crore for FY26 by the end of the third quarter, indicating strong momentum in funding activity. Going forward, the company said it will continue to support railway infrastructure development and allied sectors such as power, mining, logistics, metro rail and ports while maintaining financial prudence.