Did Govt-owned IIFCL Achieve Record Profit After Tax at Rs 2,165 Crore in FY25?

New Delhi, May 10 (NationPress) The government-owned India Infrastructure Finance Company Limited (IIFCL) has reported its highest-ever profit after tax (PAT) of Rs 2,165 crore for the financial year 2024–25 (FY25), representing a remarkable 39 percent increase from Rs 1,552 crore in the previous financial year (FY24).

This achievement continues the company’s impressive financial trajectory, with PAT soaring nearly 42 times compared to its performance in FY 2019–20 (FY20).

While announcing the results, Dr P.R. Jaishankar, the Managing Director of IIFCL, stated that the company has recorded its best annual performance for the fifth consecutive year.

IIFCL’s profit before tax (PBT) also reached a new high of Rs 2,776 crore, reflecting an increase of approximately 37 percent from Rs 2,029 crore the previous year.

The company demonstrated robust growth in both sanctions and disbursements throughout the year.

During FY25, IIFCL sanctioned a record Rs 51,124 crore and disbursed Rs 28,501 crore, indicating year-on-year (YoY) growth of approximately 21 percent and 28 percent respectively.

These figures eclipsed the prior year's sanctions of Rs 42,309 crore and disbursements of Rs 22,356 crore.

As of March 2025, the cumulative sanctions and disbursements of IIFCL amounted to Rs 3.06 lakh crore and Rs 1.56 lakh crore respectively.

Notably, around 55 percent of these totals were accomplished in just the past five years.

On a consolidated basis, the cumulative sanctions and disbursements reached approximately Rs 3.53 lakh crore and Rs 1.79 lakh crore.

IIFCL also enhanced its financial foundation, with its net worth increasing 15 percent to Rs 16,395 crore in FY25, compared to Rs 14,266 crore the previous year and nearly 59 percent higher than Rs 10,306 crore in FY20.

This growth has bolstered IIFCL’s capacity to finance large infrastructure projects by amplifying its lending capacity and exposure limits.

Noteworthy is IIFCL's significant progress in improving asset quality. As of March 31, the company lowered its Gross NPA ratio to 1.11 percent, down from 1.61 percent last year and a dramatic drop from 19.70 percent in March 2020.

Net NPAs fell to just 0.35 percent, compared to 0.46 percent last year and 9.75 percent five years prior.

The proportion of assets rated ‘A’ and above surged to around 93 percent, showcasing the company’s commitment to high-quality lending.

IIFCL is a government-owned financial institution dedicated to fulfilling the long-term financing needs of India’s infrastructure sector.