Date: 2025-05-09Category: Not ApplicableState: Union GovernmentCountry: India
IIFCL announces Financial Results for FY 2024-25; Posts Fifth Consecutive Year of Record Performance with ₹51,124 Cr Sanctions and ₹28,501 Cr Disbursements
In fiscal year 2024-25, India Infrastructure Finance Company Limited (IIFCL), owned by the government and a significant player in financing India's infrastructure sector, achieved its highest performance since establishment for the fifth consecutive year. The company successfully made annual sanctions amounting to Rs. 51,124 crore and disbursements worth Rs. 28,501 crore (showing yearly growth of 21% for sanctions and 28% for disbursements). This surpasses its previous figures from the last fiscal year.
IIFCL's total cumulative sanctions amounted to Rs. 3 lakh crore and total cumulative disbursements reached Rs. 1.56 lakh crore as of March 31, 2025. The highest ever annual Profit before Tax (PBT) was announced at Rs. 2,776 crores with a year-on-year increase over the previous fiscal year's PBT by 37%. The company improved asset quality by reducing the Gross Non-Performing Asset (NPA) ratio to 1.11% from 1.61%, and the Net NPA ratio saw a decline to 0.35% from 0.46%.
The performance of IIFCL's loan portfolio grew at an annual rate of 37%. As part of its investment strategy, the company increased investments into Infrastructure Bonds and InvITs (Invitation for Trading in Trust) over fiscal years, highlighting their commitment to fostering long-term debt finance for infrastructure projects.
Other key highlights include the growth of IIFCL's Net worth by 15% to Rs. 16,395 crore. Their Capital to Riskweighted Assets Ratio (CRAR) remained comfortably high at 23.44%, well above regulatory norms. This enhancement in financial health allows for larger exposure limits on loans invested.
IIFCL stands as a pivotal public sector institution providing extensive financing services across diversified infrastructure sectors and product offerings, while actively engaging with the government to enhance infrastructure development through strategic policy inputs.
**Source**: [India Infrastructure Finance Company Limited](https://www.iifcl.org/) (2024-25 report or press release).
Key Entities Referenced
Ministry of Finance: Government ministry responsible for financial matters.
IIFCL: India Infrastructure Finance Company Limited, a financial institution.
FY 202425: Fiscal Year 2024-2025, the period to which the financial results pertain.
March 31, 2025: Specific date marking the end of the fiscal year for reporting purposes.
PIB Delhi: Press Information Bureau, Delhi office - source of the press release.
Dr. P.R. Jaishankar: Managing Director of India Infrastructure Finance Company Limited (IIFCL).
India Infrastructure Finance Company Limited: Full name of the financial institution IIFCL.
FY 202324: Fiscal Year 2023-2024, used for comparison of financial data.
FY 20192020: Fiscal Year 2019-2020, used for comparison of financial data.
InvITs: Infrastructure Investment Trusts, investment instruments.
FY 202122: Fiscal Year 2021-2022, the period IIFCL ventured into investment in Infrastructure Bonds and InvITs
Government: Refers to the Indian Government, as IIFCL is government-owned.
India: The country where IIFCL operates and focuses its infrastructure financing activities.
Ministry of Finance
IIFCL announces Financial Results for FY 2024-25;
Posts Fifth Consecutive Year of Record Performance
with 51,124 Cr Sanctions and 28,501 Cr
Disbursements
IIFCL records y-o-y growth of ~21% and ~28% YoY
in annual Sanctions and disbursements
CRAR stood at 23.44% as of March 31, 2025, well
above regulatory requirements, reflecting IIFCL’s
sound financial position
Posted On: 09 MAY 2025 8:40PM by PIB Delhi
IIFCL recorded highest ever Annual Sanctions and Disbursements of Rs. 51,124 Crore and Rs. 28,501
Crore respectively, during the FY 2024-25, surpassing the previous years’ figures of Rs. 42,309 Crore and
Rs. 22,356 Crore respectively, a y-o-y growth of ~21% and ~28% respectively.
The Cumulative Sanctions and Disbursements stood at Rs. 3.06 Lakh Crore and Rs. 1.56 Lakh Crore as of
March 31, 2025, of which, ~55% of the Cumulative Sanctions and Disbursements were achieved in the
last five years. The Consolidated Cumulative Sanctions and Disbursements of IIFCL stood at ~Rs. 3.53
Lakh Crore and ~Rs. 1.79 Lakh Crore as of March 31, 2025.
Dr. P.R. Jaishankar, Managing Director, India Infrastructure Finance Company Limited (IIFCL)
announced all-time high performance of the company yesterday, for the fifth year in a row.Highest ever Profitability Numbers
IIFCL registered its highest ever Profit before Tax (PBT) of Rs. 2,776 Crore, recording a growth of
~37% over previous year’s PBT of Rs. 2,029 Crore. The Profit after Tax (PAT) grew by ~39% over the
previous year to Rs. 2,165 Crore in the FY 2024-25 (up from Rs. 1,552 Crore in FY 2023-24), a ~42x
increase over PAT of FY 2019-2020.
Enhanced Net worth
The company’s Net worth grew ~15% to Rs. 16,395 Crore in FY 2024-25 (up from Rs. 14,266 Crore in
FY 2023-24 and ~59% over Rs. 10,306 Crore of FY 2019-20), thereby increasing capacity for IIFCL to
lend more to infrastructure projects with higher exposure limits.
Growth with QualityAs of March 31, 2025, IIFCL was able to improve its asset quality with a significant decline in Gross NPA
st
ratio to 1.11% (down from 1.61% in the previous year and 19.70% as on 31 March 2020) and Net NPA
ratio to 0.35% (down from 0.46% in the previous year, which stood at 9.75% as on March 2020). The
proportion of IIFCL’s assets externally rated ‘A’ and above increased to ~93% as of March 31, 2025 (up
from ~88% as of March 2024 and ~43% in March 2020), indicating continuous improvement in the
quality of company’s assets. IIFCL’s Capital to Risk-weighted Assets (CRAR) comfortably stood at
st
23.44%, much above the regulatory norms, as on 31 March 2025.
Loan Portfolio Growth
The company recorded y-o-y growth of ~37% in its Standalone Portfolio to Rs. 69,904 Crore in FY 2024-
25 from Rs. 51,017 Crore in FY 2023-24.
IIFCL’s Growing Investment in Bonds and InvITs
In order to boost the availability of longer-tenor debt finance for infrastructure projects, IIFCL ventured
into investment in Infrastructure Bonds and InvITs in FY 2021-22. Since then, the company has recorded
a substantial increase in the investments in Bonds and InvITs with Rs. 29,102 Crore and Rs. 14,220 Crore
respectively, till March 31, 2025.
Snapshot of IIFCL’s Performance
Figures in Rs. Crore
Particulars FY20 FY21 FY22 FY23 FY24 FY25
Annual Sanctions 9,337 20,892 25,120 29,171 42,309 51,124
Annual Disbursements 6,015 9,460 10,445 13,826 22,356 28,501
Profit Before Tax (PBT) -291 315 590 1,277 2,029 2,776
Profit After Tax (PAT) 51 285 514 1,076 1,552 2,165
Gross NPA Ratio 19.70% 13.90% 9.22% 4.76% 1.61% 1.11%
Net NPA Ratio 9.75% 5.39% 3.65% 1.41% 0.46% 0.35%
Total Assets 52,147 55,525 56,964 59,485 65,493 81,572
Net Worth 10,306 10,654 11,737 12,878 14,266 16,395
Asset Quality (A and
43% 54% 64% 72% 88% 93%
above)
Provision Coverage Ratio 50.51% 61.24% 62.75% 70.48% 71.53% 68.71%
Outstanding Loans 33,627 36,689 39,352 42,271 51,017 69,904
About IIFCL
IIFCL is a government-owned financial institution that caters to the long-term financing needs of India's
infrastructure sector. It is amongst the most diversified public sector infrastructure lenders in terms of
eligible infrastructure sub-sectors and product offerings. IIFCL is also active in providing policy inputs in
infrastructure financing space to the Government through various forums, with an aim to promote and
develop world-class infrastructure in India.
******
NB/AD(Release ID: 2127982)