IIFCL Achieves Record-Breaking Performance in FY 2024-25 with Highest-Ever Sanctions, Disbursements, and Profits

New Delhi: India Infrastructure Finance Company Limited (IIFCL) has reported its strongest-ever financial and operational performance for the fiscal year 2024-25, marking the fifth consecutive year of record growth. The company achieved its highest-ever annual sanctions of ₹51,124 crore and disbursements of ₹28,501 crore, reflecting a year-on-year growth of approximately 21% and 28%, respectively.

As of March 31, 2025, cumulative sanctions reached ₹3.06 lakh crore while disbursements stood at ₹1.56 lakh crore. Notably, around 55% of these cumulative achievements were realized over the past five years. The consolidated cumulative figures, including all group entities, stood at approximately ₹3.53 lakh crore in sanctions and ₹1.79 lakh crore in disbursements.

Announcing the performance, IIFCL Managing Director Dr. P.R. Jaishankar highlighted that the institution has once again delivered an all-time high, underscoring its pivotal role in supporting India’s infrastructure development.

IIFCL also reported its highest-ever profitability figures. Profit Before Tax (PBT) surged to ₹2,776 crore, up ~37% from ₹2,029 crore in the previous fiscal. Profit After Tax (PAT) climbed ~39% to ₹2,165 crore, compared to ₹1,552 crore in FY 2023-24—marking a staggering 42-fold increase over the PAT reported in FY 2019-20.

The company’s net worth rose to ₹16,395 crore in FY 2024-25, representing a 15% increase over the previous year and a 59% rise compared to FY 2019-20. This enhancement in financial strength has significantly boosted IIFCL’s lending capacity for high-value infrastructure projects.

IIFCL has demonstrated a sustained improvement in asset quality. Its Gross Non-Performing Asset (NPA) ratio fell to 1.11%, a sharp drop from 1.61% the previous year and a remarkable recovery from 19.70% in March 2020. Net NPA ratio decreased to 0.35%, down from 0.46% last year and 9.75% five years ago. Furthermore, the share of externally rated assets marked ‘A’ and above rose to ~93%—up from ~88% in FY 2023-24 and ~43% in FY 2019-20—underscoring the soundness of IIFCL’s portfolio.

The Capital to Risk-Weighted Assets Ratio (CRAR) stood strong at 23.44%, well above regulatory requirements, further reflecting the company’s robust financial health.

IIFCL’s standalone loan portfolio recorded a robust year-on-year growth of ~37%, reaching ₹69,904 crore in FY 2024-25, up from ₹51,017 crore in the previous year. This expansion aligns with the company’s strategy to scale up financing support for the country’s growing infrastructure needs.

In its efforts to deepen the infrastructure financing ecosystem, IIFCL has significantly ramped up its investments in Infrastructure Bonds and Infrastructure Investment Trusts (InvITs). As of March 31, 2025, the company had invested ₹29,102 crore in bonds and ₹14,220 crore in InvITs, continuing its push since venturing into this space in FY 2021-22.