Shares of IFCI Ltd surged 4.22% to Rs 56.34 in Tuesday’s trade after the financial institution reported robust Q2 FY26 results, showing a sharp year-on-year improvement in profitability driven by higher dividend income and fair value gains.
In the September quarter (Q2 FY26), IFCI reported a net profit of Rs 317 crore, a 72% jump compared to Rs 184.9 crore in the same quarter last year. The company’s total income rose 45% YoY to Rs 752.21 crore, supported by a rise in dividend income to Rs 147.47 crore and a net gain on fair value changes of Rs 13.03 crore.
On a quarter-on-quarter basis, profit also surged significantly from Rs 62.4 crore in Q1 FY26, indicating operational improvement and stronger returns from investments.
The management highlighted that standalone and consolidated profits improved year-over-year, supported by better returns and market valuation gains. However, high NPA levels and negative CRAR continue to pose challenges, with the company focusing on group consolidation, asset quality enhancement, and no new loan exposures to strengthen financial stability.
At 9:35 AM, the stock traded between Rs 54.06 and Rs 56.50, reflecting positive investor sentiment following the earnings release.
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