Railway PSU, IRFC has posted a flat profit for March quarter, as its net profit for Q4 edged up by just 0.14% at Rs 1,684 crore against Rs 1,618 crore reported in the year-ago period. On a sequential basis the company’s bottom line declined by more than 6% from Rs 1,802 crore. IRFC: Q4 revenue rises 9% YoY The railway company’s total revenue from operation for Q4 surged by 9% to Rs 7,335 crore against Rs 6,772 crore reported in the same quarter last year. Sequentially, the company’s topline increased by 10% from Rs 6,661 crore reported in the previous quarter. The flat profit results can be attributed to a rise in the company’s total expenses, which increased by 12% YoY to Rs 5,644 crore from Rs 5,041 crore posted in the corresponding previous fiscal. On a quarterly basis expenses surged by around 15% from Rs 4,917 reported in Q3.