Mumbai, August 11, 2016: IRB Infrastructure Developers Limited (‘IRB”), one of the largest Road BOT developers in India, has declared its unaudited financial results for the quarter ended June 30, 2016.
Key Highlight of the results:
On basis of Q1FY16 vis-à-vis Q1FY15:
IRB has declared a profit of Rs. 182 crores on total income of Rs. 1,548 crores for Q1FY17. Income from operations has increased by 37% to Rs.1,517 crores for Q1FY17 as against Rs.1,109 crores for Q1FY16.
|Quarter ended June 30, 2016||Quarter ended June 30, 2015||Growth|
|Total Income||Rs.1,548 crores||Rs.1,137 crores||36%|
|EBITDA||Rs. 805 crores||Rs.657 crores||23%|
|Profit after tax||Rs. 182 crores||Rs.165 crores||10%|
IRB’s construction Order book now stands at approximately Rs. 8,750 crores, This gives good revenue visibility to IRB for the coming years.
IRB is an integrated infrastructure development and construction company in India with significant experience in the toll roads and highways sector. IRB is one of the largest private developers in India with 20 Road BOT Projects out of which 13 Projects are under operation. IRB has been listed on the NSE and BSE since February 25, 2008. For further details, log onto www.irb.co.in.Posted on