IRB Infrastructure Developers Ltd. reports Net Profit of Rs.182 Crores for Q 1, FY 2017

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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.

(Rs. Crores)

Quarter ended     June 30, 2016Quarter ended     June 30, 2015Growth
Total IncomeRs.1,548 croresRs.1,137 crores36%
EBITDARs. 805 croresRs.657 crores23%
Profit after taxRs. 182 croresRs.165 crores10%

IRB’s construction Order book now stands at approximately Rs. 8,750 crores, This gives good revenue visibility to IRB for the coming years.

About IRB

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.

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