IIFCL Sees Profit Drop by 57% but Sets Loan Sanction Record

India Infrastructure Finance Company Limited reported a 57% decline in net profit to Rs 1,379 crore in FY26 due to foreign exchange factors, but achieved a record loan sanction of Rs 57,680 crore, reflecting a 13% growth over the previous year.

India Infrastructure Finance Company Limited (IIFCL) experienced a significant 57% decrease in net profit, amounting to Rs 1,379 crore for the fiscal year ending March 2026. This downturn was primarily attributed to fluctuations in foreign exchange rates.

Despite the profit drop, the state-owned company marked its highest-ever loan sanctions, totaling Rs 57,680 crore, during the 2025-26 fiscal year. This represented an approximate 13% increase compared to the previous year. The annual disbursements also saw a 16% rise, reaching Rs 32,972 crore, showcasing continued momentum in infrastructure financing, according to Managing Director Rohit Rishi.

By March 31, 2026, IIFCL's cumulative disbursements totaled roughly Rs 1.89 lakh crore, with consolidated disbursements exceeding Rs 2.14 lakh crore. This reflects the company's expanding role in financing India's infrastructural development.

The financial institution's standalone loan book grew by nearly 17% to Rs 81,715 crore. IIFCL managed to improve its asset quality, reducing its Gross NPA ratio to 0.4% from 1.11% and bringing the Net NPA ratio to 0%.

In terms of its capital base, IIFCL's net worth increased to Rs 17,898 crore, and it maintained a robust CRAR of 20.53% by March 2026. The company's operating income nearly doubled over five years to Rs 6,972 crore in FY26, with operating profits rising significantly as well.