“Q2 and H1 FY 2026–27 mark significant progress in financial performance, governance and institutional strengthening. IRFC received Nil comments from the CAG on its FY 2025–26 financial statements, reflecting robust financial reporting and internal controls. Under IRFC 2.0, railway-centric diversification is strengthening margins, PAT and NIM. We are preparing to finance emerging opportunities in freight corridors, high-speed rail, ports and renewable energy. For IRFC, Zero NPA is not just a status symbol, but a sound business proposition.”